Richmond Hill Resources (RHR ) has completed its latest drilling programme at the Martello gold project in Canada.
Cores have been sent to Winnipeg for assaying. In aggregate 1,307 metres of drilling was completed across seven holes.
Hole TB26-001 intersected an 84 metre quartz feldspar porphyry unit with high gold potential, highly silicified with colours ranging from dark grey to pale green.
The interval from 104 metres to 156 metres contained sparse quartz veinlets bearing sulphides, with a notable 8cm quartz vein at 128.3 metres. Below this, a medium-grained mafic intrusive unit extended from 156 metres to 187.75 metres.
Two brecciated and sheared carbonate veins bearing sulphides were observed in the lower mafic volcanic sequence and will be tested for gold potential.
Hole TB26-002 yielded significant mineralisation within the quartz feldspar porphyry unit with two intercepts measuring 45.5 metres and 14 metres in thickness. Minor quartz veining with disseminated pyrite was observed throughout.
The hole also intersected substantial brecciated quartz veining in sheared mafic volcanics, including a 22cm vein and 40cm vein with pyrite clots. Historical gold association with sheared mafic volcanics will be tested.
Hole TB26-003 reached target depth. Early drilling through the target interval at 101 metres encountered diorite with several fault zones but no quartz feldspar porphyry or significant veining intersected to date in this location.
Hole TB26-004 intercepted quartz feldspar porphyry from 114.5-122 metres, 126-129 metres and 134.75-136.25 metres. Drilling was shut down early due to intercepting relatively barren mafic volcanic rock.
Hole TB26-005 intercepted quartz feldspar porphyry from 28 metres to 64 metres, a 32 metre interception of the unit. One 15cm breccia vein was observed in the unit.
Two other holes also intercepted the quartz feldspar porphyry.
"It's pleasing to have finished our maiden drilling campaign in good time and we look forward to receiving the assay results in the coming weeks,” said Richmond’s Hamish Harris.
View from Vox
It looks like Richmond is on the right track here, with multiple intersections of the quartz feldspar porphyry and other interesting structures besides. The assays will tell us more, but at this point there seem to be plenty of grounds for optimism about the results.