Marvel Discovery Corp reports that drilling is progressing at the Blackfly Gold Project in the Atikokan mining camp of northwestern Ontario.
Since commencing on June 24, the company said that nine diamond drills have been completed to date for 1,116.25 meters (m).
Marvel said drilling has concentrated around the historical shaft area with four holes drilled at the Blackfly Northeast Zone, as Hole BF19-21 encountered a quartz vein with galena and minor chalcopyrite and several specks of visible gold (VG) at 39.3m hosted within sheared and strongly bleached diorite.
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It also said VG was noted in BF21-15, which targeted a newly discovered zone (Mosquito Zone) 100m southwest of the main Blackfly Zone. Discovered by mapping and sampling in 2021, VG was noted at a downhole depth of only 8m.
"Visible gold is always a very good indicator in drill core when finding it in multiple holes," said Marvel CEO Karim Rayani in a statement.
“The geological team reports that holes completed to date all look visually encouraging with quartz-veining, mineralization, alteration and shearing. Our first hole into mineralization discovered during our 2021 sampling and mapping program also reported VG. To date we now have four sub-parallel gold mineralization trends that have been confirmed by drilling."
The property is located in the developing Atikokan gold mining camp along and within the Marmion Lake Fault Zone, approximately 13.6 kilometers (km) southwest along strike of Agnico Eagle's Hammond Reef Gold Deposit.
Assessment file records indicate that the original Blackfly gold discovery was made in 1897, making the occurrence one of the earliest found in the Atikokan gold mining camp. The project's 45-foot shaft was sunk in 1898 shortly after gold was discovered.
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