Orford Mining to begin drilling on Joutel Eagle
2022-02-14 10:06 ET – News Release
See News Release (C-ORM) Orford Mining Corp
Mr. David Christie reports
ORFORD PREPARES TO LAUNCH FIRST DRILLING ON THE JOUTEL EAGLE GOLD PROPERTY SINCE 1999
Orford Mining Corp. had entered into an option agreement to acquire the 50-square-kilometre Joutel Eagle property in the historical Joutel camp within the Abitibi region of Quebec from Globex Mining Enterprises Inc. Since acquiring the option, Orford has completed a compilation of the approximately 20,000 metres of historical drilling from the property which has identified multiple gold zones to guide Orford’s immediate exploration efforts, including the South gold zone which contains a steeply dipping gold-bearing vein with grades of up to 6.4 grams per tonne gold over 2.7 metres in historical drilling that is open at depth. A 1,500 m diamond drilling program will begin in late February which will aim to confirm historical results, test continuity and test newly identified targets in and around the South gold zone.
Drilling intervals quoted in this release are down-hole lengths from historical data. True thicknesses cannot be estimated with available information. The technical information presented in this release was obtained from historical work reports filed with the Quebec Ministry of Energy and Natural Resources and has not been independently verified by a qualified person as defined by National Instrument 43- 101
David Christie, president and chief executive officer of Orford, commented: “The compilation work completed has given us strong drill targets on the Joutel Eagle property. The Joutel Eagle property is an advanced exploration property with well-developed gold targets and existing gold zones that has not been worked since 1999 and before that the late 1980’s. We are eager to start the planned drilling program on the property this winter. We believe that the Joutel Eagle property and specifically the South Gold Zone provides Orford an opportunity for a near term discovery in the heart of the prolific Abitibi District”.
The most developed mineralized zone on the Joutel Eagle property is the “South Gold Zone”, which has a strike length of approximately 700 metres and is partially tested to a depth of 500 metres below surface. The South Gold Zone is comprised of two mineralized zones, a steeply dipping vein zone with grades of up to 6.4 g/t over 2.7 metres (hole 89-A-02), and a lower grade zone associated with the regional Harricana Fault which seems to be plunging to the southeast. The best grade intersection of the vein zone was also the deepest leaving high grade mineralization open at depth.
About the Joutel Eagle Property
The property is situated just to the northwest of Agnico Eagle’s past producing Eagle -Telbel operation which produced in excess of 1.1 Moz of gold5 from 1974 to 1993. The Joutel Eagle property covers 11 km of the Casa Berardi structural zone south splay (CBSZ) which is associated with several gold deposits and, together with our McClure East property, gives Orford over 17 km coverage on the prolific CBSZ. The Joutel Eagle Property sits to the north of Orford’s 100% owned Joutel South Property and to the west of Orford’s 100% owned McClure East property. Information from neighbouring properties is not necessarily indicative of the mineralization on Orford Mining’s properties.
About Orford Mining Corp.
Orford Mining is a gold explorer focused on highly prospective and underexplored areas of Northern Quebec. Orford’s principal assets are the Qiqavik and West Raglan projects comprising a land package totaling over 80,000 hectares in the Cape Smith Belt of Northern Quebec. The Qiqavik Project hosts several new high-grade gold discoveries along a mineralized trend in excess of 40 km. The West Raglan Project hosts a number of high-grade Raglan-style nickel/copper/platinum group metal discoveries along a 55 km mineralized trend. Orford also recently acquired three property positions in the Joutel region of the Abitibi District of northern Quebec, which hosts historical deposits such as the Eagle/Telbel, Joutel Copper, Poirier Copper, and Vezza deposits. Orford continually seeks new gold exploration opportunities in North America. Orford’s common shares trade on the TSX Venture Exchange under the symbol ORM. This information from neighbouring properties is not necessarily indicative of the mineralization on Orford Mining’s properties.
Qualified Person
The disclosure of scientific and technical information contained in this news release has been approved by Alger St-Jean, P.Geo., Chief Geoscientist of Orford, a Qualified Person under NI 43-101. The technical information presented in this release was obtained from historical work reports filed with the Quebec Ministry of Energy and Natural Resources and has not been independently verified by a Qualified Person as defined by NI 43-101.
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