Nuvau Minerals' Winter Drilling at Thundermine Sees High-Grade Gold Mineralization
Nuvau Minerals' (NMC.V) winter drilling campaign at the Thundermine target area in the company's Matagami Mining Camp in Quebec, intersected both volcanic massive sulphide-related alteration and gold-bearing zones associated with "favourable host rocks and structures", it said Friday.The first hole drilled at Thundermine to test gold target confirmed gold and base metal mineralization, said the company. Drilling returned 5.28 grams per tonne of gold over 6.10 meter, including 7.22 g/t gold over 3.1 m, within a broader gold-bearing interval, it added."This single hole confirms both the camp's signature VMS-style mineralization and the potential to define a significant gold-bearing hydrothermal system,This single hole confirms both the camp's signature VMS-style mineralization and the potential to define a significant gold-bearing hydrothermal system," chief executive Christina McCarthy said in a release.Diamond drilling at Thundermine will resume in early July, the company said.The company's shares were last seen unchanged at C$0.70 on the TSX Venture Exchange.
