March 2, 2018 – Vancouver, BC - Intact Gold Corp. (TSX-V: ITG) (FSE: 1A5) (the “Company” or “Intact Gold”), is pleased to announce the mobilisation of a UAVMAG crew to the Belleterre Gold Project in Western Quebec. The crew plans to complete an UAV Magnetic Geophysical survey over the Ortona block which makes up part of the Belleterre project. The magnetic geophysical survey is designed to test for anomalies across the block and will assist in further defining exploration targets. The magnetic survey will be flown by an UAV (Unmanned Aerial Vehicle), as an efficient and cost effective method by Pioneer Aerial Surveys.
The Ortona block lies less than 2km North West of the historic Belleterre mine. The Belleterre Mine, which is not part of the Belleterre property and never has been, produced 2,177,400 t @ 10.73 g/t Au and 1.37 g/t Ag from 1936 – 1959.
About the Belleterre Project
The Project comprises 42 claims previously referred to as the Belleterre Extrême-Est, Guillet, and Ortona blocks covering an area of approximately 1,700 hectares. The Project covers part of a greenstone belt measuring 50 kilometres by 10 kilometres and is located fewer than two kilometres from the past producing Belleterre Mine. Previous work on the Project dates back to 1934 and consists of 567 drill holes totalling 65,800m and a bulk sample taken in 2005/2006 from the Lake Expanse gold zone, which returned 11,539 tonnes of 3.28 grams per tonne gold (Thebérge 2014).
In 2007, an estimate of Mineral Resources was produced in the same area of the bulk sample and results were as follows*:
• Measured: 19,487 tonnes of 2.16 g/t Au • Indicated: 301,463 tonnes of 2.66 g/t Au • Inferred: 76,570 tonnes of 2.31 g/t Au
* Details of the historic estimate are summarized from: Kelly, D., Gagnon, Y., May 25 2007. Évaluation des Ressources, Projet Lake Expanse, Propriété Guillet Canton Guillet, prepared for Vantex Resources Ltd. |