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Lux reports high-grade gold in first La Grande drill hole

Hole LG26-241 returned 17.57 g/t gold over 19.5 metres, including 39.08 g/t over 8 metres.

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Lux Metals reported the first assays from its La Grande Gold Project in Quebec on October 14. Hole LG26-241 returned 17.57 grams per tonne of gold across 19.5 metres of core from 220.5 metres downhole, including 39.08 g/t over 8 metres and a one-metre sample at 165 g/t. The company said the main interval lies more than 40 metres from a historical interval.

The result comes from drilling at Zone 32 after more than a decade without drilling there. The 19.5-metre core length is not the same as true width, which the company estimated at 75% of the intercept. Multi-element assays including copper and results from remaining holes are pending. Lux said the program is intended to inform a future resource estimate and test mineralization down-plunge and along strike.

Data

Table

Zone 32 drill assays

Selected results reported from the company’s first hole

Main interval220.519.517.57
Included interval229839.08
Single sample—1165
Methodology

Core length is the reported drill interval; the company estimated true width at about 75%. The one-metre assay is not representative of the full interval.

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