For 2022, an initial $6.4 million exploration budget has been assigned to Zgounder for a 30,000m drill program. A total of 22,500m will build on the 2021 successful near-mine drill program and has been designed to expand existing resources at depth and test strike extensions to the east. Starting in Q2-2022, 7,500m of RC and diamond drilling will be completed on the Zgounder Regional permits to follow up the targets identified by the airborne geophysics and mapping programs.
Zgounder 2022 Initial Drill Program
The Zgounder Expansion Feasibility Study is based on a technical report entitled “NI43-101 TECHNICAL REPORT – FEASIBILITY STUDY ZGOUNDER EXPANSION PROJECT”, originally dated March 31, 2022, and amended on June 16, 2022 with an effective date of December 13, 2021 (“The Zgounder Report”) which was prepared under the supervision of Daniel M. Gagnon, DRA, with the participation of William Stone, Antoine Yassa, Jarita Barry, Fred Brown, Eugene Puritch, Daniel Morrison, André-François Gravel, Claude Bisaillon, Julie Gravel, Kathy Kalenchuk, Hugo Della Sbarba, Philippe Rio Roberge, Richard Barbeau & Stephen Coates, all “Qualified Persons” for the purpose of the Zgounder Report.
Scientific and technical information contained on this page have been reviewed and approved by Marc-Antoine Audet, Ph.D. P. Geo, Geological Consultant and a QP as defined under NI 43-101.