From Financial Post · GlobeNewswire · · 1m 50s
Dome Mine Drilling Extends Mineralization 600 Metres South
New drilling confirms large-scale open-pit potential at Dome Mine, extending mineralization 600 meters south.
In brief
New drilling confirms large-scale open-pit potential at Dome Mine, extending mineralization 600 meters south. Drilling at Dome Mine confirms high-grade mineralization extending 600 meters south, supporting plans to expand the open-pit operation. Originally reported by Financial Post.
Drilling Extends Mineralization
Drilling on south side of resource pit extends mineralization by 600 metres south.
“Drilling on south side of resource pit extends mineralization by 600 metres south”
High-Grade Intersections
3.41 gpt over 17.3m; 1.42 gpt over 17.0m; 1.71 gpt over 19.1m.
“3.41 gpt over 17.3m; 1.42 gpt over 17.0m; 1.71 gpt over 19.1m”
New Mineralization Areas
Drilling identifies new mineralization areas extending 600 meters south and north.
“Drilling identifies new mineralization areas extending 600 meters south and north”
Resource Estimate Update
New resource estimate remains on track for Q1 2027.
“New resource estimate remains on track for Q1 2027”
Dome Mine Background
Dome is among Canada's largest historic gold producers with 16.7 million ounces produced.
“Dome is among Canada's largest historic gold producers with 16.7 million ounces produced”
Geological Context
Mine located on south limb of Porcupine Syncline, just north of Destor Porcupine Fault.
“Mine located on south limb of Porcupine Syncline, just north of Destor Porcupine Fault”
Current Resource Metrics
222.3 million tonnes with average grade of 1.49 gpt for 11.0 million ounces.
“222.3 million tonnes with average grade of 1.49 gpt for 11.0 million ounces”
Drilling Program Goals
2026 drilling program aims to complete new mineral resource estimate by early 2027.
“2026 drilling program aims to complete new mineral resource estimate by early 2027”
North Side Drilling Results
14 holes (9,177.4 m) with high-grade intersections at shallow depths.
“14 holes (9,177.4 m) with high-grade intersections at shallow depths”
South Side Drilling Results
22 holes (7,188.0 m) to evaluate mineralization 600 meters south.
“22 holes (7,188.0 m) to evaluate mineralization 600 meters south”
Fault Trend Extension
Mineralized zones follow Dome Fault trend and remain open to west for 1.5 kms.
“Mineralized zones follow Dome Fault trend and remain open to west for 1.5 kms”
Milling Facility Plan
Company re-evaluating plans for Dome Mill with potential for large central milling facility.
“Company re-evaluating plans for Dome Mill with potential for large central milling facility”
Resource Category
Current resource includes 11.0 million ounces in Inferred category.
“Current resource includes 11.0 million ounces in Inferred category”
Drill Results Summary
Multiple high-grade intersections found in both north and south drilling areas.
“Multiple high-grade intersections found in both north and south drilling areas”
Resource Update Timeline
Resource update expected early 2027 with new mineral resource estimate.
“Resource update expected early 2027 with new mineral resource estimate”
Future Expansion Potential
Potential for expansion of mineralization north, south and west of current pit.
“Potential for expansion of mineralization north, south and west of current pit”
The big picture
Drilling at Dome Mine confirms high-grade mineralization extending 600 meters south, supporting plans to expand the open-pit operation.
