Miramar Mining Corporation has announced results for an additional 21 diamond drill holes from the 2007 exploration programme at the Hope Bay project in Nunavut, Canada. There are now seven core drills working at Hope Bay; with four drills coring from lake ice at the Suluk and Rand zones of the Madrid deposit and with a single drill is testing the Boston BN Zone. The search for new deposits has also begun with two drills testing priority exploration targets on the 21 km long Madrid trend. As reported in the June edition of WGA, the objectives of the 2007 exploration campaign are to advance the deposits towards completion of a feasibility study for Phase II production. The current resource for the combined Madrid deposits contains 7.5 Moz gold in the Indicated and Inferred categories.
展开▼
