en.Wedoany.com Reported - Lac Gold (ASX:LAC) has obtained multiple high-grade drill intercepts at the Rouyn Gold Project in Quebec, including hole AS-26-793, which intersected 5.65 meters grading 141.29 g/t gold at a depth of 148.15 meters, containing a 0.5-meter interval grading 1,580.00 g/t gold. This highest-grade intercept is located approximately 25 meters below historical underground workings at a vertical depth of about 150 meters, setting a new record for the highest grade reported in the company's current drilling campaign.
Other significant intercepts include: 9.10 meters grading 6.31 g/t gold from 123.40 meters, including 4.00 meters grading 10.41 g/t; and 97.50 meters grading 1.04 g/t gold from 554.65 meters, including 17.00 meters grading 3.58 g/t.
Managing Director Andrew Stocks stated that these results have strengthened the team's confidence in the scale and extremely high-grade potential of the Rouyn gold system. He noted that the ultra-high-grade intercepts reported in this announcement are associated with broad mineralized halos and structurally controlled alteration zones, supporting the company's interpretation of a large-scale, evolving orogenic gold system.
Lac Gold has completed the initial 15,000-meter Phase 1 drilling program and immediately commenced an additional 15,000-meter Phase 2 program. Two diamond drill rigs are currently operating, with a significant number of assay results still pending. Drilling activities continue to focus on expanding known mineralization at the Astoria deposit, testing the down-dip continuity of the mineralized system between depths of 400 meters and 1,000 meters, while advancing other targets within the Cadillac Break corridor.
The Rouyn Gold Project currently hosts gold mineral resources estimated at 1.66 million ounces at a grade of 3.28 g/t gold, including 976,000 ounces in the indicated category and 690,000 ounces in the inferred category.
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