~*~Mining and Metals Du Jour~*~

[dj4321]

"The recent drill program has indicated there is a gold system on the Gowganda gold project that merits additional exploration. The work from the previous program is telling us to go deeper and drill along strike along a NW shear corridor around the Annie's Ladder zone," stated Greg Collins, PGeo, chief operating officer of Transition Metals Corp., who is the supervising geologist overseeing the exploration on the property on behalf of Aldershot.

The discovery is a short distance from one of Canada's largest gold producing mines the "Young Davidson Mine" which is 100 % owned operated by Alamos Gold Inc ( AGI.T) a major gold producer trading at $10.00 / share on the TSX.

The grades that Aldershot drilled are very comparable to what Alamos is mining at the Young Davidson.


Aldershot Drill Highlights

Drilled (2017) 11.52 m of 1.63 g/t Gold incl. 1.08 m of 6.21 g/t Gold


Drilled (2011)
2.4 g/t over 7.1 m
4.7 g/t over 3.1 m
82.5 g/t over 0.4 m
1.6 g/t over 11.7 m

The Young Davidson Mine


TONNES(000) GRADE (g/t Au) CONTAINED OUNCES
Proven & Probable Reserves 43,220 2.65 g/t 3,687,000
Measured & Indicated Resources3 12,531 3.09 g/t 1,246,000
Inferred Resources 3,555 2.75 314,000 g/t


Young Davidson Mine


http://www.alamosgold.com/mines-and-projects/producing-mine/Young-Davidson/


Aldershot Project Video

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