10.1 2006-2007 EXPLORATION
VG Gold drilled 11 drill holes on the property.
10.1.1 FULLER GREEN CARB ZONE:
Five holes, 937 metres were drilled to test for extensions of the Green Carb Zones 1 and 2
of the Vedron Fuller deposit. The drill holes tested for extensions of the Green Carb zone
within 50 metres of the existing ramp and underground workings, 50 to 100 metres along
strike from historic green carb zone intersects. Every hole intersected gold mineralization
within or adjacent to the fuchsite and ankerite altered Quartz Feldspar porphyry, host rock to
the Fuller Green Carb zone mineralization. Assays include 9.22 grams Au per tonne over
1.22 metres within a wider zone of 3.17 grams Au per tonne over 9.14 metres including 5.08
VG Gold Corporation 26 0786110100-REP-L0001-01
Technical Report on the Fuller Gold Property
grams Au per tonne over 4.88 metres – hole VG-06-99 and 10.32 grams Au per tonne over
0.98 metres – hole VG-06-102.
10.1.2 FULLER NORTH
Four holes, 1,243 metres, were drilled to test for new mineralized zones to the north of the
Fuller deposit and the known mineralization on the Vedron property. The drill holes tested
for strike extensions of known mineralization and historic mining on the Goldcorp/Kinross
PJV owned Paymaster property to the east. The holes intersected wide widths of
favourable alteration and mineralization, but gold values were low, 1.6 grams Au per tonne
over 3.2 metres including 3.43 grams Au per tonne over 1.19 metres – hole VG06-96.
Historic underground drilling between 300 metres deep and 1,500 metres deep near the
east boundary with the Paymaster property had intersected values over 30 grams Au per
tonne. The shallow Vedron drilling reported here failed to repeat the high grade assays but
was successful in intersecting wide zones of alteration and mineralization with anomalous
gold at shallow depths.
10.1.3 FULLER ML ZONE:
Two holes, 358 metres were drilled to test for extensions of the ML Zone of the Vedron
Fuller deposit. The ML zone has not been included in the 43-101 compliant resource of the
Fuller deposit. The ML zone likely represents the extension of the more extensively drilled
Green Carb Zones that are located on the east side of the fold from the Fuller deposit
underground workings. Exploration data is very sparse on the western extensions of the
Fuller deposit situated on the west side of the fold. Historic interpretation of the Fuller
deposit was that of a single fold, however evidence existed that in fact the Fuller deposit
was an “S” fold with the stratigraphy and mineralization extending to the west rather than
trending southeast. Earlier exploration had just begun to confirm this. Drill Holes VG-06-
104 and 105 confirmed the existence of the Fuller zones with wide intersections of fuchsiteankerite
alteration corresponding to the extension of the Green Carb 1 and 2 Zones. Near
surface assays include 2.08 grams Au per tonne over 4.54 metres and 3.09 grams Au per
tonne over 3.51 metres.
10.1.4 HOLE VG-07-106
This was a deep hole collared north of the Fuller zone – it was targeted on a postulated
depth extension of the Buffalo Ankerite South zone at a depth of 3500 to 4000 feet below
surface. The hole passed below and to the east of the Fuller fold nose and therefore did not
intersect the Fuller stratigraphic package.
10.1.5 HOLES VG-07-107 TO 110
Four holes were targeted to follow up on 2 holes drilled in 1988, testing the south west edge
of the ultramafic, between the Buffalo Ankerite North zone and the Fuller deposit. Historic
holes S88-118 and 119 had intersected gold values in this gap between the 2 mineralized
zones. Hole S88-119 intersected 0.11opt/10 ft, and S88-118 returned values of 0.10opt/3.6
ft, as well anomalous gold assays.
Four holes, 3286.3 feet, were drilled to follow up on historic results and to test the gap area.
Results were negative with no significant assays. |
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