Canadian Gold Miner discovers new zone south of Kirkland Lake

Sudbury, Ont.-based Canadian Gold Miner has discovered a new
gold zone – dubbed Behold zone – approximately 10 km south of
the town of Kirkland Lake. The zone lies on the northwest edge of
an 800-metre long induced polarization anomaly that occurs within a
favourable structure and alteration corridor traced for more than
1.5 km.

Channel sampling at the Behold zone late last year returned
assays as high as 8.6 g/t gold over 0.30 metre and 5.42 g/t over
0.67 metre. The zone is situated 800 metres northwest of any
previously known mineralization and 300 metres north of the Lincoln
Nipissing Break.

The break hosts numerous mineralized zones, shafts, pits and
underground workings within the South Kirkland property. Canadian
Gold believes the area has the potential for intrusion hosted gold
deposits similar to the existing Young Davidson and Canadian
Malartic gold mines.

Canadian Gold Miner is owned 38% by Transition Metals, 19% by
Osisko Mining and 5% by Centerra Gold.

This story first appeared on Canadian Mining
Journal
.

The post
Canadian Gold Miner discovers new zone south of Kirkland Lake

appeared first on MINING.com.

Source: FS – Mining B.
Canadian Gold Miner discovers new zone south of Kirkland Lake



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