Reunion Gold reports high-grade gold intersections at the Boulanger Project in French Guiana including 19.94 g/t over 9 meter...
14 Diciembre 2020 - 3:46PM
Reunion Gold Corporation (TSX-V: RGD) ("Reunion" or the "Company")
is pleased to announce assay results from its recently completed
2020 drilling program on the Crique Filon prospect within the
Boulanger Project in French Guiana (Figure 1).
Significant high-grade intercepts include:
- CFD20 - 024:
19.94 grams per tonne of gold over 9 meters
(including 3.1 m @ 41.62 g/t)
- CFD20 - 025:
10.82 grams per tonne of gold over 5.5 meters
(including 1 m @ 38.62 g/t)
The 2020 drilling program consisted of 13
diamond drill holes for total core length of 2,000 meters. The
objective of the program was to expand the footprint of gold
mineralization interpreted as being hosted in multiple parallel
shear deformation zones ("DZ") within the so-called Doyle Trend at
the Crique Filon prospect (Figure 1). The drill program partially
tested three of the identified deformation zones. Eleven of the
drill holes tested the deformation zone DZ3, averaging 156 meters
in-depth, well into fresh rock, one additional hole tested DZ1, and
another two tested DZ4 (Figure 2 and Table 1). All drill holes
intersected mafic volcanic lavas and pyroclastic rocks cut by
diabase dykes. The 14 current and historical drill holes testing
DZ3 demonstrate excellent mineralization continuity along two
subparallel shears, one 700 meter long (DZ3a) and another 500 meter
long (DZ3b) – (see Figure 2 and Table 1 for 3D view link). Both
shears are open on strike and at depth. Quartz veining, accompanied
by tourmaline and sulphides (pyrrhotite and pyrite), characterizes
this mineralization, hosted by well foliated and brecciated rocks.
Visible gold was logged in two drill holes (CFD20-24 and 25).
Carlos Bertoni, Reunion's Acting CEO, stated:
"During the past 12 months, our knowledge of the Boulanger gold
mineralization has evolved tremendously. We now know that the
mineralization is contained in several shear zones within a
deformation corridor. We also understand that these shears are
identifiable by geophysics, geochemistry, surface sampling and
diamond drilling. The 2021 program will seek to expand the current
shears’ footprint and gain further insight into the mineralization
controls using the knowledge gained this year to define other high
priority targets. We also plan to explore other prospects, like
Devez, where historical drilling cut interesting
intersections".
Mr. Bertoni added: “The exploration team
recently completed this successful exploration program at Boulanger
under very trying circumstances due to the Covid-19 pandemic. The
Company put in place strict protocols and the program was completed
without any infection being reported by the employees and
contractors.”
The Boulanger Project is located 60 km by paved
road to the south of Cayenne, the capital city of French Guiana and
is accessible by all-weather roads. The Company has an option to
acquire a 100% interest in the Project until July 2022.
Quality analysis and quality
control
The Company has implemented quality assurance
and quality control (QA/QC) protocols for its drilling programs,
including independent data management using acQuire software. Drill
core is always oriented using modern instruments, and core logging
includes RQD, hardness, magnetic susceptibility, rock, alteration,
and mineralogy description for every defined sample. Samples
consist of a cut half core, and sample length is usually 1.0 meter
but varies according to geology between 0.50 and 2.0 meters.
Certified standards and blanks are respectively inserted on average
every 25 and 20 samples, while a duplicate sample is inserted about
one per 25 samples, resulting in the insertion of about 13% of
control samples. The samples are analyzed for gold by fire assay
with atomic absorption finish on 50‐gram pulps by the FILAB-AMSUD
laboratory in Surinam. Samples above 10 g/t gold are systematically
re‐analyzed with gravimetry finish. FILAB-AMSUD is an accredited
laboratory according to ISO 9001(2008) and ISO/IEC 17025.
Qualified Person
The technical information in this press release
has been reviewed and approved by geologist Carlos. H. Bertoni,
P.Geo., the Company's Acting CEO. Mr. Bertoni is a qualified person
under Canadian National Instrument 43-101.
Cautionary Statement
This press release contains certain
forward-looking information or forward-looking statements as
defined in applicable securities laws. Forward-looking statements
are not historical facts and are subject to several risks and
uncertainties beyond the Company's control, including statements
regarding plans to complete exploration programs, potential
mineralization, exploration results and statements regarding
beliefs, plans, expectations or intentions of the Company. Resource
exploration and development is highly speculative, characterized by
several significant risks, which even a combination of careful
evaluation, experience and knowledge may not eliminate. All
forward-looking statements herein are qualified by this cautionary
statement. Accordingly, readers should not place undue reliance on
forward-looking statements. The Company undertakes no obligation to
update publicly or otherwise revise any forward-looking statements
whether as a result of new information or future events or
otherwise, except as may be required by law.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accept responsibility for the
adequacy or accuracy of this press release.
About Reunion GoldReunion Gold
Corporation is a leading gold explorer with a portfolio of projects
in Guyana, Suriname and French Guiana, all located in the Guiana
Shield, South America. The Company's common shares are listed on
the TSX Venture Exchange under the symbol 'RGD.' Additional
information about the Company is available on SEDAR (www.sedar.com)
and the Company's website (www.reuniongold.com). For further
information, please contact:
REUNION GOLD CORPORATIONCarlos
Bertoni, Acting CEOPaul Fowler, Manager, Corporate
DevelopmentTelephone: +1 450.677.2585Email:
info@reuniongold.com
Figure 1: Map of Boulanger Project schematic
geology, mineral rights and prospect targets
Figure 2: Map of SE edge of Doyle Trend, showing
deformation zones (DZ), current and historical drill holes with
relevant mineralized intersections.
Table 1: Relevant 2018, 2019 and 2020 drill
intersections from Crique Filon prospect, Doyle trend and DZ2, DZ3
and DZ4 deformation zones (see notes A, B, C and D below).
Notes:A: Composites calculated using these parameters:
- Minimum composite grade: 0.4 g/t
- Minimum composite length: 2 m
- Cut-off of interval to be included in composite: 0.4 g/t
- Maximum length of internal waste: 2 m
- When more than two assays done for one sample, use
average.
B: Lengths are not true geological widths.C: Historical drill
holes were completed and analyzed using somewhat different sample
preparation and assay techniques by sources believed to be
reliable, but they have not been verified.D: Link for 3D
visualization of DZ3 mineralized shear zones:
https://www.gexplore.fr/public/projects/boulanger/crique-filon-prospect-2020-drilling/
Reunion Gold (TSXV:RGD)
Gráfica de Acción Histórica
De Dic 2024 a Ene 2025
Reunion Gold (TSXV:RGD)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025