Currently viewing Global edition

Mop-II twinning exceeds Enforcer expectations

Abitibi explorer Enforcer Gold (TSXV: VEIN) says its phase one drilling programme at the Mop-II copper-gold deposit in Quebec has “exceeded expectations” with results including 219.7m at 0.73g/t gold.
Mop-II twinning exceeds Enforcer expectations Mop-II twinning exceeds Enforcer expectations Mop-II twinning exceeds Enforcer expectations Mop-II twinning exceeds Enforcer expectations Mop-II twinning exceeds Enforcer expectations

Intercepts indicate bulk-tonnage potential

Staff reporter

Mop-II has an historic resource and president and CEO Steve Roebuck said the twinned holes showed the mineralisation was very consistent throughout each hole, and in most cases the grades and widths had exceeded the historic results.

The above-mentioned intercept also included 57.7m at 1.32g/t.

"This has significantly boosted our confidence on the potential for defining a bulk-tonnage deposit at Mop-II that is potentially amenable to lower-cost, openpit mining techniques," he said.

The company is planning its next exploration phase and intends to update the project's resource later in the northern hemisphere summer.

Mop-II is at the Roger project, 5km north of Chibougamau, where Enforcer is earning a 50% interest from operator SOQUEM under a deal struck in January.

The historic, 2006 inferred resource comprised 3.24 million tonnes at 1.61g/t gold and 0.04% copper, for 167,200 ounces using a US$500/oz long-term average gold price.

Enforcer is also exploring at the Montalembert gold project, also in the Abitibi greenstone belt, where it is earning 100% from Globex Mining Enterprises.

Enforcer had about C$2.5 million (US$1.9 million) in cash and equivalents in April.

Its shares, which were trading around 19c a year ago and hit a 52-week low on Monday of 4.5c, closed up 9% to 6c yesterday, putting its market cap at $3.86 million.