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Article: Cambior Inc.: Omai Underground Exploration Update Positive Drilling Results Obtained at Depth on the Fennell Deposit
- Article from:
- CCNMatthews Newswire
- Article date:
- August 3, 2006
CopyrightCopyright 2006 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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LONGUEUIL, QUEBEC--(CCNMatthews - Aug. 3, 2006) - Cambior
(TSX:CBJ)(AMEX:CBJ) is pleased to provide an update on the
exploration results for the Omai gold property in Guyana.
Earlier this year, Cambior has undertaken an exploration program
to define the potential at depth of the Fennell gold deposit. The
Fennell deposit was mined by an open pit to an average depth of 250
meters, which terminated on a barren diabase dyke, as shown on Figure
1. The Fennell Pit was the main ore contributor to the Omai gold
operation with a cumulative production of 49,082,000 tonnes at 1.50 g
Au/t for a gold content of 2.37 million ounces of gold. Two holes
drilled in 1997 confirmed that the barren diabase dyke ...