An historical indicated resource remains in the ground, estimated at 123,000 ounces of gold at 8.6 grams per tonne (g/t) remains in the ground, along with an inferred resource of 30,000 ounces at 5.8 g/t. The company said their property has similar geological structure to the Kirkland Lake Gold’s Macassa Mine, just to the west. At McGarry, they’ve discovered secondary splay faults branching off the Cadillac-Larder Lake Break. The company said it’s the same structure that’s known to host gold at Kirkland Lake Gold’s South Mine Complex. Orefinders believe these relatively unexplored splay faults have “excellent potential” to find gold near the surface READ HERE
Apr
14
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