(4.11 g/t over 43.0 m in Gap Zone and 8.86 g/t over 17.0 m in West Pit area )
TORONTO, Ontario (May 29, 2008) -- Pelangio Mines Inc. (PLG:TSX) ("Pelangio") has been advised by Detour Gold Corporation ("Detour Gold") that it has released drill results of 21 holes from the Gap Zone and West Pit of its Phase II drilling program at the Detour Lake property in northern Ontario. Detour Gold started Phase II drilling in July 2007 and thus far has completed 294 holes totaling 115,739 metres (including 17 holes abandoned totaling 1,411 metres). Detour Gold has now reported 160 holes totaling 55,852 metres (including 13 holes abandoned for 1,146 metres. There are four (4) active drill rigs on site.
Pelangio has a 44.6% equity interest in Detour Gold (20 million shares). Detour Gold issued a press release today, the verbatim text of which follows:
"Detour Gold Reports More Consistent Results from 2007 Phase II
Drilling at its Detour Lake Property in Northern Ontario, Canada
(4.11 g/t over 43.0 m in Gap Zone and 8.86 g/t over 17.0 m in West Pit area)"
Detour Gold Corporation (TSX: DGC) ("Detour Gold" or the "Company") is pleased to report the drill results of 21 holes from the Gap Zone and West Pit of its Phase II drilling program at the Detour Lake property in northern Ontario. The Company started Phase II drilling in July 2007 and thus far has completed 294 holes totaling 115,739 metres (including 17 holes abandoned for 1,411 metres). The Company has now reported 160 holes totaling 55,852 metres (including 13 holes abandoned for 1,146 metres). There are four (4) active drill rigs on site.
Results from 17 holes in the Gap Zone continued to return consistent positive drill results as the Company completes its 40 m X 40 m infill program. Of importance, 4.11 g/t (uncut) over 43.0 metres was intersected in hole DG-07-245, which is near the outline of the current US$575 pit shell. Gold mineralization was encountered in all four (4) holes drilled in the West Pit area. Holes DG-07-232 intersected 1.00 g/t over 30.0 metres within 50 metres of surface and 400 metres northward into the hanging wall. The extent of the northern limits of the mineralized corridor remains to be defined in certain areas of the Gap Zone and West Pit.
The best mineralized (uncut) intervals encountered are shown below.
Gap Zone
DG-07-245
DG-07-249
DG-07-254
DG-07-257
1.85 g/t over 28.8 m 4.11 g/t over 43.0 m
8.60 g/t over 12.0 m 8.46 g/t over 26.0 m 3.12 g/t over 14.0 m
1.31 g/t over 27.0 m 3.81 g/t over 12.0 m
3.45 g/t over 15.0 m 1.48 g/t over 34.0 m
DG-07-268
DG-08-285
DG-08-290
DG-08-293
3.70 g/t over 39.0 m 3.24 g/t over 14.0 m
1.46 g/t over 59.0 m 1.86 g/t over 22.0 m
2.45 g/t over 36.0 m 1.57 g/t over 29.2 m
1.82 g/t over 22.0 m
West Pit
DG-07-225
DG-07-232
DG-07-240
1.10 g/t over 54.0 m
7.40 g/t over 8.0 m
8.86 g/t over 17.0 m
The 135,000 metre Phase II program is expected to be completed by mid-2008. Approximately half of that program, along with Phase I, will be included in the end of June resource update. The Company is extremely confident in meeting its objectives of outlining a mineral resource of over 10 million ounces of gold at Detour Lake. The planned June resource update will be based on a fully designed and engineered open pit that will serve as the basis of our 2008 feasibility study to be completed by year-end.
The December 2007 mineral resource contained 4.8 million ounces in the measured and indicated categories (1.22 M oz in measured and 3.61 M oz in indicated) and 3.0 million ounces in the inferred category, using a gold price of US$575/oz (equivalent to a cut-off grade of 0.64 g/t gold and capped at 20 g/t gold).
Regional Exploration Program
Detour Gold completed a 12,055 metre regional drilling program on the Detour Lake property in the first quarter of 2008. Approximately six kilometres of the Sunday Lake Deformation Zone, east of the Detour Lake deposit were tested with 5,389 metres in 20 holes. Several high deformation zones were intersected into the volcanic assemblage, but with only anomalous to low grade gold mineralization. The best holes included: 1.46 g/t over 8.0 metres (DGE-08-319) and 1.08 g/t over 4.0 metres (DGE-08-323).
Another 3,981 metres in 11 holes targeted the North Walter Lake area where the gold mineralization is localized on the south limb of a north-overturned syncline. The best hole intersected 0.91 g/t over 28.0 metres (DGE-08-346) and confirmed the previously known mineralization. The eastern continuation of the M Zone (main target on Block A) on the Detour Lake property was tested over a strike length of 2,000 metres by 2,685 metres of drilling in 7 holes. Although the same ultramafic sequence was intersected, no significant gold mineralization was found.
The 2008 regional exploration results are being assessed for a follow-up drill program next winter. The potential for gold mineralization remains to be fully tested in these areas.
Complete tables of results, surface and longitudinal plans and cross-sections for the Detour Lake deposit are posted on the Company's website www.detourgold.com /Projects/Detour Lake or http://www.detourgold.com/dgc/LatestDrillResults.asp on the home page "Explore Detour Lake".
Detour Gold's exploration program is being managed by Project Manager, Mr. Roger Aubertin, P.Eng., a Qualified Person within the meaning of National Instrument 43-101. Mr. Aubertin has verified and approved the data disclosed in this release, including the sampling, analytical and test data underlying the information. The December 2007 mineral resource was prepared by Thon Consulting and audited by Michael W. Kociumbas, P.Geo., Vice-President of Watts, Griffis and McOuat Limited. Details on the current mineral resource are available in the January 2008 Technical Report, which is posted on the Company's website or on SEDAR (www.sedar.com).
Samples are prepared and assayed at SGS Minerals Services in Don Mills, Ontario, Canada. Analysis for gold is done on sawn half core samples using fire assay (AA finish). Samples with higher grade gold (>5 g/t) are re-assayed using the pulp and metallics procedures. Standard reference materials, blank and field duplicate samples are inserted prior to shipment from site to monitor the quality control of the assay data. For additional information on Quality Assurance and Quality Control ("QA/QC"), refer to the press release dated April 11, 2007.
For the regional exploration program, samples were prepared and assayed at ALS Chemex in Vancouver, British Columbia, using a 51 analyses aqua regia ICPMS method (ME-MS41) with Au 30g FA AA finish for ore grade gold samples (Au-AA25). The same QA/QC (April 11, 2007) was applied to this program.
For further information, please contact:
Gerald Panneton President and CEO
Tel: (416) 304.0800
Laurie Gaborit Director Investor Relations
Tel: (416) 304.0581
Detour Gold Corporation, Royal Bank Plaza, North Tower, 200 Bay Street, Suite 2040, Toronto, Ontario M5J 2J1
Hole No.
Section No.
From (m)
To (m)
Length (m)
Au Uncut (g/t)
Au Cut to 20 g/t (g/t)
Host RockUnit
DG-07-225
West Pit
19,600E
68.0
78.0
10.0
1.15
1.15
104.0
119.0
15.0
0.83
0.83
213.0
267.0
54.0
1.10
1.10
Lower Pillow Flow
293.0
300.0
7.0
0.82
0.82
DG-07-232
West Pit
19,300E
39.0
69.0
30.0
1.00
1.00
Upper Pillow Flow
101.0
109.0
8.0
1.03
1.03
257.0
264.0
7.0
1.85
1.85
305.0
317.0
12.0
1.47
1.47
335.0
348.0
13.0
1.63
1.63
358.0
365.0
7.0
0.88
0.88
416.0
445.0
29.0
1.23
1.23
Lower Pillow Flow
453.0
466.0
13.0
1.34
1.34
475.0
484.0
9.0
1.00
1.00
514.0
523.0
9.0
1.19
1.19
533.0
541.0
8.0
7.40
6.77
Lower Mafic Flow
Inc. 534.0
534.5
0.5
27.43
20.00
Inc. 537.0
537.5
0.5
20.09
20.00
Inc. 539.0
540.0
1.0
21.32
20.00
571.0
620.0
49.0
0.95
0.94
Lower MF/CMH
Inc. 571.5
572.0
0.5
20.68
20.00
DG-07-240
West Pit
19,280E
49.0
85.0
36.0
1.04
1.04
Contact PF/MF
128.0
145.0
17.0
8.86
2.48
Lower PF
Inc. 137.0
138.0
1.0
128.46
20.00
167.0
177.0
10.0
1.61
1.61
196.0
220.0
24.0
0.83
0.83
315.0
325.0
10.0
1.86
1.86
345.0
381.0
36.0
1.09
1.09
Lower MF/Lower PF
496.0
507.0
11.0
1.87
1.87
DG-07-241
West Pit
19,480E
38.0
46.0
8.0
4.70
2.49
Lower Mafic Flow
Inc. 38.7
39.2
0.5
55.35
20.00
58.0
70.0
12.0
2.65
2.65
CMH
100.0
107.0
7.0
1.25
1.25
DG-07-242
19,220E
26.5
34.0
7.5
0.95
0.95
Gap Zone
64.0
71.0
7.0
0.76
0.76
DG-07-244
Gap Zone
19,200E
Casing broke in overburden. Not assayed
DG-07-244A
Gap Zone
19,200E
46.0
55.0
9.0
1.12
1.12
74.0
81.0
7.0
1.10
1.10
DG-07-245
18,840E
205.2
234.0
28.8
1.85
1.85
Upper Pillow Flow
Gap Zone
425.0
432.0
7.0
0.81
0.81
485.0
528.0
43.0
4.11
2.92
Lower Pillow Flow
Inc. 492.0
493.0
1.0
26.93
20.00
Inc. 524.0
525.0
1.0
64.21
20.00
550.0
559.0
9.0
1.92
1.92
DG-07-248
Gap Zone
19,240E
96.0
103.0
7.0
1.33
1.33
114.0
121.0
7.0
1.51
1.51
159.0
168.0
9.0
1.80
1.80
DG-07-249
18,920E
47.0
58.0
11.0
0.65
0.65
Gap Zone
118.0
125.0
7.0
1.15
1.15
196.0
208.0
12.0
1.09
1.09
306.0
320.0
14.0
3.12
1.38
Lower Pillow Flow
Inc. 318.3
318.8
0.5
68.64
20.00
463.0
475.0
12.0
8.60
6.98
Lower Pillow Flow
Inc. 471.0
472.0
1.0
31.40
20.00
Inc. 472.0
473.0
1.0
28.10
20.00
497.0
523.0
26.0
8.46
6.49
Lower Pillow Flow
Inc. 499.0
500.0
1.0
41.90
20.00
Inc. 500.0
501.0
1.0
41.40
20.00
Inc. 503.0
503.6
0.6
22.50
20.00
Inc. 503.6
504.1
0.5
33.24
20.00
556.0
566.0
10.0
2.43
2.43
DG-07-253
Gap Zone
19,000E
40.0
48.0
8.0
0.87
0.87
124.0
131.0
7.0
0.88
0.88
DG-07-254
Gap Zone
18,960E
100.0
127.0
27.0
1.31
1.31
Upper Mafic Flow
206.0
213.0
7.0
1.68
1.68
225.0
239.0
14.0
1.16
1.16
265.0
272.0
7.0
1.13
1.13
280.0
287.0
7.0
1.09
1.09
319.0
331.0
12.0
1.91
1.91
418.0
430.0
12.0
3.81
3.81
Lower Pillow Flow
481.0
488.0
7.0
0.88
0.88
DG-07-256
Gap Zone
19,000E
86.0
93.0
7.0
1.32
1.32
374.0
381.0
7.0
1.20
1.20
401.0
415.0
14.0
1.80
1.80
Lower Pillow Flow
457.0
466.0
9.0
2.49
2.49
DG-07-257
Gap Zone
19,000E
101.0
108.0
7.0
0.98
0.98
185.0
192.0
7.0
3.48
3.48
225.0
240.0
15.0
3.45
2.18
Lower Pillow Flow
Inc. 239.0
240.0
1.0
39.10
20.00
247.0
254.0
7.0
2.63
2.63
272.0
321.0
49.0
0.92
0.92
Lower Pillow Flow
367.0
401.0
34.0
1.48
1.43
Lower Mafic Flow
Inc. 387.0
388.0
1.0
21.63
20.00
463.0
475.0
12.0
0.93
0.93
DG-07-258
Gap Zone
18,660E
53.0
64.0
11.0
0.85
0.85
90.0
139.0
49.0
0.81
0.81
Lower Mafic Flow
153.0
160.0
7.0
0.85
0.85
173.0
187.0
14.0
1.18
1.18
DG-07-268
Gap Zone
18,620E
28.0
36.0
8.0
1.35
1.35
96.0
103.0
7.0
1.48
1.48
115.0
129.0
14.0
2.72
2.72
Upper Pillow Flow
140.0
147.0
7.0
0.85
0.85
186.0
225.0
39.0
0.86
0.86
Lower Pillow Flow
258.0
272.0
14.0
3.24
3.14
Lower Mafic Flow
Inc. 262.0
263.0
1.0
21.42
20.00
293.0
302.0
9.0
1.06
1.06
314.0
335.0
21.0
1.01
1.01
385.0
424.0
39.0
3.70
2.97
Lower Mafic Flow
Inc. 389.0
390.0
1.0
33.71
20.00
Inc. 393.0
394.0
1.0
26.02
20.00
Inc. 410.0
411.0
1.0
28.92
20.00
477.0
484.0
7.0
1.42
1.42
DG-07-283 Gap Zone
18,700E
43.0
50.0
7.0
0.83
0.83
105.0
112.0
7.0
0.69
0.69
DG-08-285
Gap Zone
19,040E
31.0
90.0
59.0
1.46
1.46
Lower MF/Lower PF
111.3
118.5
7.2
0.72
0.72
140.0
148.0
8.0
1.50
1.50
187.0
209.0
22.0
1.86
1.65
Lower MF
Inc. 192.0
193.0
1.0
24.60
20.00
231.0
238.0
7.0
6.07
3.98
CMH
Inc. 237.0
238.0
1.0
34.60
20.00
DG-08-289
Gap Zone
19,160E
108.0
116.0
8.0
1.81
1.81
169.0
176.0
7.0
1.29
1.29
189.0
205.0
16.0
1.04
1.04
257.0
270.0
13.0
1.29
1.29
277.0
286.5
9.5
0.73
0.73
DG-08-289
Gap Zone
19,160E
108.0
116.0
8.0
1.81
1.81
169.0
176.0
7.0
1.29
1.29
189.0
205.0
16.0
1.04
1.04
257.0
270.0
13.0
1.29
1.29
277.0
286.5
9.5
0.73
0.73
297.0
312.0
15.0
0.73
0.73
DG-08-290
Gap Zone
19,040E
34.0
41.0
7.0
0.77
0.77
79.0
94.0
15.0
1.00
1.00
147.8
177.0
29.2
1.57
1.57
Lower Pillow Flow
203.0
239.0
36.0
2.45
2.22
Lower PF/Lower MF
Inc. 210.0
211.0
1.0
28.40
20.00
252.0
260.0
8.0
2.92
2.92
343.0
350.0
7.0
2.35
2.35
365.0
387.0
22.0
0.84
0.84
DG-08-293
Gap Zone
19,120E
25.0
40.0
15.0
1.21
1.21
55.0
62.0
7.0
1.16
1.16
83.0
105.0
22.0
1.82
1.82
Lower PF
154.0
165.0
11.0
3.05
2.30
Lower MF
Inc. 155.0
156.0
1.0
28.30
20.00
180.0
188.0
8.0
1.31
1.31
261.5
297.0
35.5
1.12
1.12
CMH/Lower MF
Note: All values above 20 g/t in the composite are reported in the table. True width is estimated to be 65 to 75% of the drilled length.
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