Further Infill Holes Drilled At Dugbe F Deposit
TORONTO - Pasofino Gold Limited has received results from a further 22 infill holes drilled at the Dugbe F deposit including promising results for the 800 m by 100 m thickened zone. Dugbe F is one of two deposits on the Dugbe Gold Project, in which the Company is earning a 49% economic interest.
Ian Stalker, CEO, said, "Dugbe F continues to deliver on grade and thickness especially the thickened zone given the higher grades and 10-30 m thick intersections. We are confident that this will benefit the updated Mineral Resource Estimate (MRE) which is planned to be completed in August of this year".
The thickened area in the southern part of the deposit is interpreted to be due to recumbent folding of the mineralized layer so that it is repeated and thickened and appears to be associated with slightly higher gold grades. The newly understood folding and the recent targeted drilling within this 800 m by 100 m area should bring additional material into the update to the Duge F MRE which is expected to be completed in August.
The deposit length as defined by the dimensions of the conceptual pit is 2.5 km. The width of the deposit ranges from 1.3 km in the south to 200-300 m in the north. The deposit is an undulating gently dipping sheet which outcrops for its entire length along its western side and dips gently eastwards. The host rock is orthopyroxene gneiss with increased sulphide content (visible pyrrhotite, arsenopyrite and pyrite) and seems to be a largely stratiform layer close to the contact with overlying quartz biotite gneiss.
The mineralized layer is mostly continuous except where cut by cross-cutting pegmatite intrusions or where it comes to surface and has been eroded. The eastward sloping topography has the effect of minimizing the depth to the mineralized layer in some areas which would support a favorable strip ratio if mined.
The current Inferred Mineral Resource Estimate at Dugbe F is 16.3 Mt with an average grade of 1.57 g/t Au and has contained gold of 823 k oz. The Indicated Mineral Resource Estimate at Dugbe F currently stands at 5.8 Mt with an average grade of 1.46 g/t Au containing 273 k oz gold.
The deposit length as defined by the dimensions of the conceptual pit is 2.5 km. The width of the deposit ranges from 1.3 km in the south to 200-300 m in the north. The deposit is an undulating gently dipping sheet which outcrops for its entire length along its western side and dips gently eastwards. The host rock is orthopyroxene gneiss with increased sulphide content (visible pyrrhotite, arsenopyrite and pyrite) and seems to be a largely stratiform layer close to the contact with overlying quartz biotite gneiss. The mineralized layer is mostly continuous except where cut by cross-cutting pegmatite intrusions or where it comes to surface and has been eroded. The eastward sloping topography has the effect of minimizing the depth to the mineralized layer in some areas which would support a favorable strip ratio if mined.
Since 21 January 2021 approximately 6,925 meters have been drilled at Dugbe F for the completion of 82 drillholes. This includes 2 previous holes that were deepened. Infill holes are positioned between existing holes to increase the density intersections within the areas of the deposit that fall within a conceptual mining pit-shell. The objective is to upgrade a large portion of the Inferred Mineral Resource Estimate to Indicated, to increase the resource base for the Feasibility Study. The results of the infill drilling to date are encouraging supporting both grade and continuity.