Resource World Magazine

Resource World - Aug-Sept 2019 - Vol 17 Issue 5

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A U G U S T / S E P T E M B E R 2 0 1 9 www.resourceworld.com 35 discovery in the heart of the Chibougamau mining camp. The last two drill holes returned significant mineralized intersec- tions, including BJ-19-17 that intersected 4.33% copper, 3.69 g/t gold and 19.62 g/t silver over a 22-metre core length. Golden Valley Mines Ltd. [GZZ-TSXV] reported that exploration programs are ongoing to evaluate several deposits to the east of the Canadian Malartic open pit where Abitibi Royalties holds a 3% NSR. This includes portions of Odyssey, East Malartic, Sladen and Sheehan. During Q1 2019, explo - ration at the Odyssey deposit focused on defining several internal zones and expand- ing the deposit towards the Rand Malartic property boundary to the east. Golden Valley holds an approxi- mate 44.9% interest (5,605,246 shares) in Abitibi Royalties Inc. [RZZ-TSXV; ATBYF-OTC]. Lomiko Metals Inc. [LMR-TSXV; LMRMF-OTCQB; DH*C-FSE], 80%, and Québec Precious Metals Corp., 20%, reported results from the remaining 16 exploration diamond drill holes from the 2019 program at the Refractory Zone of the La Loutre graphite project 117 km north - west of Montreal. A total of 21 holes were completed on the Refractory Zone for a total of 2,985 metres. Drill hole LL-16-01 returned 7.74% Cg over 135.60 metres, including 16.81% Cg over 44.10 metres. Maple Gold Mines Ltd. [MGM-TSXV; MGMLF-OTCQB; M3G-FSE] reported assay results from drilling the Nika Zone at the Douay gold project 50 km southwest of Matagami. Hole DO-12-105 was successfully deepened by 114 metres with the combined 2012 and 2019 intercept returning 42.5 metres averaging 1.75 g/t gold (uncapped) from about 320 metres vertical depth (465 m downhole), including 8 metres averaging 2.86 g/t gold. Maple also released addi - tional results from the Porphyry Zone. Hole DO-19-264 cut 27 metres averaging 1.03 g/t gold, including 14 metres averaging 1.56 g/t gold. The Douay Project has 479,000 oz gold indicated and 2,759,000 oz inferred. Mason Graphite Inc. [LLG-TSXV; MGPHF-OTCQX] is focused on the develop - ment of its 100% owned Lac Guéret natural QUÉBEC

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