Trade Winds Drills 20.8 m of 3.08 g/t Au
Mr. Ian Lambert reports:
Trade Winds Ventures Inc. has released additional drilling results on the block A joint venture project (50 per cent Trade Winds/50 per cent Detour Gold), located adjacent to Detour Gold’s Detour Lake gold project in Northeastern Ontario. The 1H 2011 drilling program of 69 drill holes totalling 29,756.5 metres was completed on May 2, 2011. Trade Winds is the operator of the joint venture exploration program.
Highlights
- 3.08 grams per tonne gold Au over 20.8 metres and 0.95 g/t Au over 26.4 metres in M zone;
- 1.91 g/t Au over 10.6 metres and 2.81 g/t Au over seven metres in Footwall zone;
- 2.89 g/t Au over 12 metres and 4.24 g/t Au over nine metres in Hangingwall zone;
- Assays of 62.5 g/t Au over 0.7 metre and 39.6 g/t Au over 0.8 metre in M zone and 49 g/t Au over one metre in Hangingwall zone.
Shown below are the significant mineralized (uncut) sections intersected in diamond drill holes TWDDH301 to TWDDH314.
Hangingwall zone
TWDDH-301: 4.24 g/t Au over nine metres and 1.15 g/t Au over 11.2 metres
TWDDH-312: 0.99 g/t Au over 12.9 metres
TWDDH-314: 1.92 g/t Au over nine metres and 2.89 g/t Au over 12 metres
TWDDH-313: 1.06 g/t Au over 11 metres
M zone
TWDDH-301: 3.08 g/t Au over 20.8 metres
TWDDH-302: 10.34 g/t Au over 3.9 metres
TWDDH-303: 3.17 g/t Au over 4.5 metres
TWDDH-304: 7.18 g/t Au over 8.9 metres
TWDDH-309: 0.9 g/t Au over 21 metres
TWDDH-314: 0.95 g/t Au over 26.4 metres
Footwall zone
TWDDH-303: 0.89 g/t Au over eight metres and 0.95 g/t Au over 5.2 metres
TWDDH-314: 1.30 g/t Au over 9.7 metres
TWDDH-313: 2.19 g/t Au over 8.1 metres, 1.91 g/t Au over 10.6 metres and 2.81 g/t Au over seven metres
Additional results are listed at the end of this press release.
The 1H 2011 drill program began on Jan. 5, 2011, and was completed on May 2, 2011, with 72 diamond drill holes completed (including three abandoned drill holes). One planned drill hole was not completed due to ground conditions. Core and logging sampling were completed by the end of June.
Similar to the 2010 drilling program, this program sought to address more than one objective: infill drilling, particularly large gap areas, and exploration drilling. One of the recommendations of the 2009 National Instrument 43-101 report by Watts Griffis and McOuat (WGM) was the infill drilling of numerous drilling gaps, also termed data gaps, within the pit shell area to increase the confidence level of the mineral resources. On block A, drill spacing of closer than 80 metres is required for the category of inferred resources and closer than 40 metres for indicated resources.
The 2010 and 1H 2011 programs targeted data gap regions with spacing greater than 80 metres within the pit area, detailed drilling at 40-metre centres and exploration within 320 metres of the current pit outline. A total of 53 drill holes, approximately 77 per cent of the 1H 2011 drill program, was drilled to increase the confidence level of the mineral resources within the current $1,000 Au pit area. Holes TWDDH 309 and 314 were drilled in the untested north area within the pit shell that is currently classified as waste rock, and holes TWDDH 301, 303, 306, 310, 312 and 313 were within the pit area to infill drill data gaps.
A total of 16 drill holes, approximately 23 per cent of the drill program, tested areas outside the current pit shell. This exploration drilling focused on areas up to 320 metres west of the current pit shell to extend the previously untested near-surface area of the M zone (including holes TWDDH 302, 304 and 307) on the north side between the M zone and the North Walter Lake zone and to the south of the current pit shell (holes TWDDH 305, 308 and 311).
Drill hole From To Length Grade
(m) (m) (m) (g/t Au)
(uncut) (uncut)
TWDDH301 38.0 39.0 1.0 2.37
TWDDH301 54.0 63.0 9.0 4.24
TWDDH301 69.1 80.3 11.2 1.15
TWDDH301 112.0 114.9 2.9 0.96
TWDDH301 124.3 145.1 20.8 3.08
Including 137.0 138.0 1.0 20.69
TWDDH301 184.4 185.0 0.7 2.67
TWDDH301 208.0 209.0 1.0 1.15
TWDDH301 214.0 215.0 1.0 0.92
TWDDH301 235.0 237.0 2.0 1.02
TWDDH301 277.3 278.0 0.8 0.93
TWDDH302 115.0 118.0 3.0 0.99
TWDDH302 125.7 129.6 3.9 10.34
Including 127.6 128.5 0.8 39.60
TWDDH302 138.7 139.5 0.8 10.20
TWDDH303 33.5 38.0 4.5 3.17
TWDDH303 46.0 50.8 4.8 1.22
TWDDH303 61.0 63.0 2.0 2.52
TWDDH303 78.0 79.0 1.0 1.68
TWDDH303 82.4 83.0 0.6 1.25
TWDDH303 91.0 92.0 1.0 3.63
TWDDH303 115.7 120.0 4.4 0.81
TWDDH303 153.0 158.2 5.2 0.95
TWDDH303 161.0 169.0 8.0 0.89
TWDDH303 204.0 205.0 1.0 0.99
TWDDH303 208.0 209.0 1.0 1.18
TWDDH304 113.1 114.0 0.9 0.98
TWDDH304 159.9 164.3 4.4 1.64
TWDDH304 173.7 182.6 8.9 7.18
Including 174.9 175.6 0.7 62.50
TWDDH304 207.0 207.9 0.9 1.93
TWDDH305 No significant samples,
outside pit area
TWDDH306 53.0 54.0 1.0 2.35
TWDDH306 67.0 69.0 2.0 1.20
TWDDH306 78.0 79.0 1.0 1.81
TWDDH306 179.0 180.0 1.0 30.60
TWDDH306 216.4 218.0 1.6 12.54
Including 217.0 218.0 1.0 17.00
TWDDH306 225.4 229.0 3.6 0.91
TWDDH306 247.9 252.0 4.2 0.93
TWDDH306 293.7 294.0 0.3 0.97
TWDDH307 109.0 110.0 1.0 0.80
TWDDH307 115.0 116.0 1.0 10.30
TWDDH307 194.0 195.0 1.0 0.81
TWDDH307 198.1 199.0 0.9 0.86
Abandoned at 208 metres --
did not reach M zone
TWDDH308 451.0 452.0 1.0 1.72
TWDDH308 458.0 464.4 6.4 0.85
TWDDH309 57.0 58.0 1.0 0.88
TWDDH309 66.0 68.0 2.0 1.06
TWDDH309 77.0 77.9 0.9 1.05
TWDDH309 120.2 120.7 0.5 1.19
TWDDH309 156.0 158.3 2.3 0.95
TWDDH309 175.0 181.6 6.6 1.05
TWDDH309 213.0 215.0 2.0 1.33
TWDDH309 296.0 297.0 1.0 3.21
TWDDH309 328.4 330.0 1.6 4.33
TWDDH309 337.0 340.0 3.0 6.35
Including 337.0 338.0 1.0 16.30
TWDDH309 385.0 386.0 1.0 2.18
TWDDH309 403.5 404.0 0.5 2.82
TWDDH309 410.0 431.0 21.0 0.90
TWDDH309 433.9 437.3 3.3 1.44
TWDDH310 195.0 195.3 0.3 12.50
TWDDH310 199.0 200.0 1.0 2.35
TWDDH310 223.0 224.0 1.0 1.65
TWDDH310 247.0 248.0 1.0 1.07
TWDDH310 256.0 257.0 1.0 1.48
TWDDH310 272.5 273.0 2.6 0.91
TWDDH310 297.0 297.8 0.8 1.89
TWDDH310 302.0 303.0 1.0 0.87
TWDDH310 369.0 370.2 1.2 1.22
TWDDH310 381.0 383.0 2.0 1.15
TWDDH310 389.0 390.1 1.1 1.51
TWDDH310 400.7 401.0 0.3 0.97
TWDDH310 422.0 423.0 1.0 0.85
TWDDH310 445.0 446.0 1.0 1.28
TWDDH311 No significant assays,
outside pit area
TWDDH312 17.0 18.0 1.0 1.52
TWDDH312 49.0 61.9 12.9 0.99
TWDDH312 75.0 79.0 4.0 0.77
TWDDH312 90.0 91.0 1.0 0.90
TWDDH312 122.3 125.6 3.4 1.34
TWDDH312 161.7 162.7 1.0 5.21
TWDDH313 73.0 77.0 4.0 5.48
TWDDH313 103.0 104.0 1.0 1.75
TWDDH313 121.0 122.5 1.5 15.82
Including 121.8 122.5 0.7 30.3
TWDDH313 128.0 131.0 3.0 1.18
TWDDH313 146.7 148.0 1.3 3.53
TWDDH313 177.0 180.0 3.0 3.99
TWDDH313 201.0 212.0 11.0 1.06
TWDDH313 241.0 243.7 2.7 1.78
TWDDH313 269.6 270.0 0.5 1.65
TWDDH313 293.7 294.0 0.4 1.04
TWDDH313 327.0 335.1 8.1 2.19
TWDDH313 337.0 338.0 1.0 2.21
TWDDH313 345.0 349.4 4.4 1.67
TWDDH313 356.0 357.0 1.0 1.19
TWDDH313 391.0 392.0 1.0 3.03
TWDDH313 402.0 405.0 3.0 1.27
TWDDH313 410.0 411.0 1.0 0.9
TWDDH313 423.0 429.0 6.0 0.84
TWDDH313 434.0 444.6 10.6 1.91
TWDDH313 455.0 462.0 7.0 2.81
TWDDH314 35.7 38.0 2.3 1.55
TWDDH314 83.0 92.0 9.0 1.92
TWDDH314 108.0 111.0 3.0 0.84
TWDDH314 120.0 121.0 1.0 1.62
TWDDH314 132.4 133.0 0.6 2.46
TWDDH314 143.0 146.0 3.0 3.03
TWDDH314 180.0 181.0 1.0 2.13
TWDDH314 190.0 191.0 1.0 0.94
TWDDH314 193.4 196.0 2.6 0.77
TWDDH314 291.0 292.0 1.0 3.08
TWDDH314 310.0 311.0 1.0 4.08
TWDDH314 321.0 333.0 12.0 2.89
Including 322.0 323.0 1.0 24.9
TWDDH314 338.0 343.0 5.0 11.12
Including 342.0 343.0 1.0 49
TWDDH314 351.0 352.0 1.0 1.48
TWDDH314 367.0 368.0 1.0 2.25
TWDDH314 393.6 396.0 2.5 1.29
TWDDH314 411.2 415.0 3.8 1.07
TWDDH314 420.6 447.0 26.4 0.95
TWDDH314 450.4 452.7 2.3 8.45
Including 450.4 450.9 0.5 34.3
TWDDH314 463.4 464.4 1.0 1
TWDDH314 471.8 472.2 0.4 1.77
TWDDH314 501.4 511.0 9.7 1.3
True width is estimated to be between 80 per cent and
85 per cent of core length.
Quality assurance and quality control (QA/QC) program for core sampling
The company has implemented a quality control program to ensure best practices in sampling, analysis and security of core samples. The drill core is first logged then sawn in half during the sampling process with half being retained for verification and reference purposes. During sample collection and assaying, there is an established QC procedure which includes the insertion into the sample stream of standard reference samples, sample duplicates and blank samples, including the insertion of blank samples after all samples with visible gold.
The samples are delivered direct to Activation Laboratories Ltd. (ActLabs) preparation facility in Timmins, Ont., by Trade Winds staff. The samples are analyzed for gold using the ActLabs procedure 1A2-50, which is a 50-gram fire assay with AA finish. Samples returning greater than three g/t Au are automatically processed using a fire assay gravimetric finish. Total metallic assays for gold were also performed on selected intervals. All samples assayed by ActLabs include a standard multielement ICP package.
The coarse rejects are kept in Timmins for reassaying purposes for a period of up to six months and then returned to the Trade Winds site for long-term storage. Selected coarse rejects and pulps are check assayed by third party laboratories other than ActLabs.
The material in this news release has been prepared and reviewed by Stephen Wallace, PGeo, vice-president, exploration, a qualified person as defined in NI 43-101.
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