This style of mineralization extends up to 500m to the west from the Matrim Zone at Madrid. Better mineralization appears to be localized in an area where the Deformation Zone is flexed, providing a possible dilation zone for the passage of mineralizing fluids. Within this zone are narrower areas of more intense silicification and higher-grade gold values. In addition, a number of intercepts have been encountered in the hanging wall of the main Naartok breccia zone. Work is currently underway to assess the potential continuity of both the overall mineralized envelope and the higher grade intercepts within this envelope.
Additional work is planned to define the two hanging wall lenses.
Once we have the results of the remaining holes, we will be in a better position to evaluate the continuity of this mineralized zone and the higher grade intercepts intersected to date. As previously reported, the same style of mineralization seen in the Naartok zone continues east through the Matrim Zone adjacent to the Deformation Zone. However, most of the intercepts in this area appear narrower and lower grade, with less continuity. The better mineralization in this area appears to lie in the hanging wall, away from the Deformation Zone, as described in the Perrin Bulge Zone below. Approximately 200m east of the Naartok Zone, where the north trending Perrin Zone intersects the Deformation Zone, a second flex or bulge in the Deformation Zone has been identified with associated gold mineralization.