Nord Gold has reported encouraging results from the 2019 drilling program on the Vickers gold deposit at its the Pistol Bay project on the west coast of Hudson Bay, Nunavut, Canada. The company completed a diamond drilling program consisting of 10 holes totaling 4,608 m during the summer of 2019 to test extension of high-grade mineralization beyond the current resource. The program targeted the southward and westward continuations of the flat-lying, high-grade mineralization beyond its previously modeled limits.
The results were compelling. All of the 2019 drill holes confirmed the continuation of the high-grade mineralization at Vickers, intersecting grades and widths potentially suitable for underground mining. Six drill holes extended the gold mineralization laterally to a post-mineral dyke. Four drill holes demonstrated that the mineralization steepens and continues at least 200 m southwestward beyond the dyke.
SRK Consulting has been contracted to update open-pit resources and provide an evaluation of the underground resource potential based on the 2019 exploration campaign results. Based on these studies, Nord Gold intends to implement a further drilling program in 2020 to better define the Vickers deposit and further increase the potential for underground mining at Pistol Bay.