Carlisle Goldfields Ltd. {TSX.V: CGJ} announced the results of their quarterly infill drilling update from their JV partner at Lynn lake, Alamos Gold.
Of particular note was drill hole FL15-38 which intersected 16.4 gpt over 9.3metres.
CARLISLE GOLDFIELDS ANNOUNCES INFILL DRILL RESULTS ON THE FARLEY LAKE MINE PROJECT, INCLUDING 16.4 G/T GOLD OVER 9.3M
Carlisle Goldfields Ltd. }TSX.V: CGJ} has released the results of a quarterly feasibility update from joint venture partner Alamos Gold Inc. These include interim results from an initial 4,841.2 metres of drilling in 38 holes on the 2015 feasibility-level infill drill program at the Farley Lake mine project. While several holes were also dedicated to condemnation testing of the modelled deposit margins, drill hole FL15-38 also intersected 16.4 grams per tonne gold over 9.3 metres between 212 metres to 221.8 metres downhole.
Carlisle’s President and chief executive officer, Abraham Drost, commented: “Assays from the initial 38 holes from the feasibility infill drill program continue to showcase the Farley Lake mine project’s considerable gold grade potential. Meanwhile, infill drilling with three rigs has also commenced at the MacLellan deposit. The forthcoming mineral resource update for both Farley Lake and MacLellan will support commencement of the formal feasibility study referenced in the April 28, 2015, feasibility study update.”
Carlisle’s partner, Alamos Gold, {TSX: AGI}, as operator, has a 25-per-cent interest in the Lynn Lake joint venture and has the right to increase its interest to 51 per cent by spending $20-million on the advancement of a feasibility study by Nov. 10, 2017. Alamos may increase its interest in the Lynn Lake joint venture to a maximum of 60 per cent by delivering a compliant feasibility study within the same period.
The partners are also jointly financing a $4-million special exploration program outside the feasibility study area in calendar 2015. Carlisle is the operator of special exploration on the balance of the approximately 38,000-hectare Lynn Lake joint venture land position.
2015 SECOND QUARTER ASSAY HOLE LOCATIONS
FARLEY LAKE PROJECT, 2015 FEASIBILITY INFILL DRILLING
Hole ID From To Length Au Sample Weighted average Interval
(m) (m) (m) (g/t) Au (g/t) (m)
FL15-01 40.37 40.90 0.53 0.41 775022
FL15-01 89.00 90.50 1.50 11.50 775072
FL15-02 No data
FL15-03 No significant results
FL15-04 28.26 29.00 0.74 16.05 777517
FL15-04 79.80 80.30 0.50 1.78 777561
FL15-05 117.50 118.50 1.00 2.39 775338
FL15-05 186.00 187.00 1.00 1.97 775414
FL15-05 207.60 208.20 0.60 3.43 775437 1.07 2.40
208.20 209.00 0.80 0.04 775438
209.00 210.00 1.00 0.48 775439
FL15-06 30.50 31.50 1.00 0.49 777617
FL15-07 No significant results
FL15-08 44.65 45.65 1.00 3.00 777687 2.17 1.55
45.65 46.20 0.55 0.66 777688
FL15-08 116.10 117.10 1.00 0.88 777764
FL15-09 19.95 20.85 0.90 0.84 775522
FL15-09 26.85 27.85 1.00 0.49 775530 0.48 2.95
27.90 28.85 0.95 0.47 775531
28.85 29.85 1.00 0.48 775532
FL15-09 44.20 45.20 1.00 1.09 775546
FL15-09 71.00 72.24 1.24 0.83 775574
FL15-09 103.96 104.96 1.00 22.60 775609 8.18 2.82
104.96 106.00 1.04 0.16 775610
106.00 106.78 0.78 0.39 775611
FL15-09 137.74 138.74 1.00 1.47 775646 1.97 5.26
138.74 139.74 1.00 2.46 775647
139.74 140.74 1.00 4.94 775648
140.74 141.74 1.00 0.37 775649
141.74 143.00 1.26 0.91 775650
FL15-10 30.50 31.40 0.90 1.26 777826 2.44 2.90
31.40 32.40 1.00 5.55 777827
32.40 33.40 1.00 0.40 777828
FL15-11 25.00 26.00 1.00 2.97 777868
FL15-11 30.00 31.00 1.00 4.50 777873
FL15-12 34.20 35.00 0.80 0.46 775676
FL15-13 54.40 54.90 0.50 3.77 777961
FL15-13 91.30 92.00 0.70 2.06 778001
FL15-14 100.00 101.00 1.00 15.20 775814
FL15-14 109.00 110.00 1.00 0.79 775827
FL15-14 118.00 119.00 1.00 3.52 775837
FL15-14 130.00 131.00 1.00 0.42 775850
FL15-14 150.00 151.00 1.00 1.85 775871
FL15-14 177.00 178.00 1.00 0.41 775902
FL15-14 184.50 185.00 0.50 4.99 775910 4.90 5.50
185.00 186.10 1.10 1.19 775911
186.10 187.00 0.90 0.32 775912
187.00 187.50 0.50 3.78 775913
187.50 188.00 0.50 3.73 775914
188.00 189.00 1.00 0.21 775915
189.00 189.50 0.50 35.40 775916
189.50 190.00 0.50 2.36 775918
FL15-15 19.00 20.00 1.00 0.42 775930
42.50 43.00 0.50 3.17 775955
156.00 156.50 0.50 0.48 776083
156.50 157.00 0.50 0.51 776084
FL15-16 72.70 73.50 0.80 2.84 778068
FL15-16 132.50 133.00 0.50 0.88 778135
FL15-16 134.50 135.45 0.95 0.41 778138
FL15-16 137.40 138.40 1.00 0.68 778142
FL15-16 158.00 158.50 0.50 0.44 778166
FL15-17 70.00 71.00 1.00 8.66 778705
FL15-17 74.00 75.00 1.00 3.32 778709
FL15-17 81.00 82.00 1.00 0.91 778716
FL15-17 88.00 89.00 1.00 2.34 778724
FL15-17 91.00 92.00 1.00 0.84 778728
FL15-17 139.00 140.00 1.00 0.52 778780
FL15-18 39.45 40.10 0.65 0.50 776135
FL15-18 44.35 45.40 1.05 2.38 776142
FL15-18 49.40 50.20 0.80 0.86 776147
FL15-18 90.00 91.00 1.00 26.80 776191
FL15-19 36.00 37.00 1.00 4.42 778810 11.70 10.60
37.00 38.00 1.00 19.15 778811
38.00 39.00 1.00 10.85 778812
39.00 39.80 0.80 10.20 778813
39.80 40.40 0.60 12.60 778814
40.40 41.00 0.60 9.13 778815
41.00 41.50 0.50 17.50 778816
41.50 42.00 0.50 7.71 778817
42.00 43.00 1.00 10.35 778818
43.00 43.50 0.50 8.29 778819
43.50 44.00 0.50 13.70 778821
44.00 44.50 0.50 18.70 778822
44.50 45.30 0.80 13.65 778823
45.30 46.00 0.70 17.55 778824
46.00 46.60 0.60 3.09 778826
FL15-19 97.00 98.00 1.00 0.90 778882 0.69 3.00
98.00 99.00 1.00 0.40 778883
99.00 100.00 1.00 0.77 778884
FL15-20A 49.00 50.00 1.00 0.61 776264
FL15-20A 88.00 89.00 1.00 1.21 776306 2.56 3.00
89.00 90.00 1.00 5.23 776307
90.00 91.00 1.00 1.24 776309
FL15-20A 101.05 101.55 0.50 6.72 776321
FL15-21 8.10 9.00 0.90 0.41 778233 3.87 4.00
9.00 9.60 0.60 1.32 778234
9.60 10.20 0.60 3.47 778235
10.20 10.80 0.60 11.80 778236
10.80 11.60 0.80 0.21 778237
11.60 12.10 0.50 9.94 778238
FL15-21 42.00 43.00 1.00 0.91 778274
FL15-21 50.50 51.08 0.58 0.47 778285
FL15-21 59.80 60.30 0.50 5.45 778295 4.85 4.20
60.30 60.80 0.50 2.89 778296
60.80 61.40 0.60 9.43 778297
61.40 62.00 0.60 7.40 778298
62.00 63.00 1.00 2.25 778299
63.00 64.00 1.00 3.85 778301
65.75 66.75 1.00 4.80 778304
FL15-21 69.75 70.75 1.00 0.44 778308 3.22 9.355
70.75 71.75 1.00 3.50 778309
71.75 72.75 1.00 0.09 778310
72.75 73.75 1.00 0.84 778311
73.75 74.30 0.55 0.03 778312
74.30 75.30 1.00 1.45 778313
75.30 76.30 1.00 2.48 778314
76.30 77.10 0.80 0.07 778315
77.10 78.10 1.00 2.48 778316
78.10 79.10 1.00 18.75 778317
FL15-21 104.00 105.00 1.00 3.81 778346 1.55 4.00
105.00 106.00 1.00 1.63 778347
106.00 107.00 1.00 0.24 778348
107.00 108.00 1.00 0.50 778349
FL15-21 116.00 117.00 1.00 0.55 778358
FL15-21 121.50 122.50 1.00 0.81 778364
FL15-21 131.00 132.00 1.00 0.40 778373
FL15-21 166.30 167.30 1.00 3.16 778411
FL15-21 173.00 174.00 1.00 0.44 778418 1.06 2.00
174.00 175.00 1.00 1.68 778419
FL15-21 182.00 183.00 1.00 0.51 778429 5.54 4.60
183.00 183.70 0.70 0.01 778430
183.70 184.40 0.70 0.01 778431
184.40 184.90 0.50 15.15 778432
184.90 185.40 0.50 0.10 778433
185.40 186.10 0.70 7.38 778434
186.10 186.60 0.50 24.30 778435
FL15-21 194.00 195.00 1.00 0.63 778445
FL15-22 35.00 36.00 1.00 0.59 778909
FL15-22 41.00 42.00 1.00 2.06 778915 3.40 2.08
42.00 43.08 1.08 4.64 778916
FL15-22 54.00 54.60 0.60 3.29 778931
FL15-23 44.30 45.00 0.70 2.53 779022 4.61 6.10
45.00 46.10 1.10 1.00 779023
46.10 47.10 1.00 9.98 779024
47.60 48.00 0.40 5.35 779026
48.00 48.90 0.90 5.25 779027
48.90 49.80 0.90 6.71 779028
49.80 50.90 1.10 2.16 779029
FL15-23 72.20 73.40 1.20 0.83 779048
FL15-24 No significant results
FL15-25 30.00 31.00 1.00 9.51 778461 5.30 3.30
31.00 32.00 1.00 3.42 778462
32.00 32.60 0.60 3.91 778463
32.60 33.30 0.70 3.17 778464
FL15-25 49.00 50.00 1.00 1.31 778483
FL15-25 86.00 87.10 1.10 0.89 778518
FL15-25 114.90 115.90 1.00 3.27 778546
FL15-26 31.50 32.30 0.80 0.71 776338 0.55 1.80
32.30 33.30 1.00 0.42 776339
FL15-26 73.00 74.00 1.00 1.03 776783 6.34 2.00
74.00 75.00 1.00 11.80 776784
75.00 76.00 1.00 0.87 776785
FL15-26 79.00 80.00 1.00 0.47 776789 3.43 2.00
80.00 81.00 1.00 1.59 776790
81.00 82.00 1.00 5.26 776791
FL15-27 87.00 87.95 0.95 1.83 779268 9.36 2.75
87.95 88.75 0.80 29.40 779269
88.75 89.75 1.00 0.49 779270
FL15-28 No significant results
FL15-29 14.00 15.25 1.25 1.04 776354
FL15-29 17.50 18.20 0.70 2.75 776357
FL15-29 21.20 22.20 1.00 0.85 776362 0.94 8.00
22.20 23.20 1.00 0.65 776363
23.20 24.20 1.00 0.80 776364
24.20 25.20 1.00 0.16 776365
25.20 26.20 1.00 1.19 776366
26.20 27.20 1.00 1.62 776367
27.20 28.20 1.00 1.73 776368
28.20 29.20 1.00 0.48 776369
FL15-30 106.20 107.20 1.00 0.74 778639
FL15-30 141.80 142.40 0.60 0.56 778674 8.71 1.70
149.00 149.90 0.90 3.88 778685
149.90 150.70 0.80 14.15 778686
FL15-31 No significant results
FL15-32 No significant results
FL15-33 47.00 47.80 0.80 0.96 714293 2.06 2.00
47.80 48.30 0.50 5.93 714294
48.30 49.00 0.70 0.55 714295
FL15-33 52.20 52.70 0.50 5.81 714299
FL15-33 64.00 65.00 1.00 0.47 714312
FL15-33 70.00 71.00 1.00 3.33 714318
FL15-33 73.20 74.00 0.80 0.62 714322
FL15-33 75.00 75.50 0.50 0.86 714324
FL15-33 89.00 90.00 1.00 0.61 714341
90.00 91.00 1.00 2.35 714342
94.00 94.50 0.50 4.34 714346
FL15-33 100.50 101.50 1.00 0.40 714353 4.26 12.00
101.50 102.50 1.00 0.82 714354
102.50 103.50 1.00 0.32 714355
103.50 104.50 1.00 0.52 714356
104.50 105.50 1.00 1.14 714357
105.50 106.20 0.70 3.48 714358
106.20 106.80 0.60 11.70 714359
106.80 107.60 0.80 4.85 714361
107.60 108.30 0.70 2.58 714362
108.30 109.00 0.70 35.10 714363
109.00 109.90 0.90 2.22 714364
109.90 110.40 0.50 0.33 714365
110.40 111.00 0.60 2.65 714366
111.00 111.80 0.80 0.49 714367
111.80 112.50 0.70 5.84 714368
FL15-33 116.50 117.50 1.00 1.07 714373 2.95 8.20
117.50 118.50 1.00 0.18 714374
118.50 119.20 0.70 4.36 714376
119.20 119.80 0.60 4.06 714377
119.80 120.80 1.00 0.88 714378
120.80 121.60 0.80 0.60 714379
121.60 122.50 0.90 0.54 714381
122.50 123.10 0.60 4.01 714382
123.10 123.70 0.60 18.80 714383
123.70 124.70 1.00 1.92 714384
FL15-33 128.40 129.40 1.00 5.51 714389 3.34 2.00
129.40 130.40 1.00 1.16 714390
FL15-33 134.00 134.50 0.50 8.59 714395
FL15-33 146.50 147.60 1.10 2.06 714409 3.34 2.00
147.60 148.50 0.90 0.92 714410
FL15-34 9.00 10.00 1.00 2.32 714001 7.09 2.00
10.00 11.00 1.00 11.85 714002
FL15-34 26.30 26.90 0.60 83.30 714018 21.90 2.40
26.90 27.90 1.00 0.30 714020
27.90 28.70 0.80 2.86 714021
FL15-34 66.20 66.70 0.50 1.89 714063 2.59 1.00
66.70 67.20 0.50 3.28 714064
FL15-34 103.70 104.70 1.00 0.75 714105 1.36 4.00
104.70 105.70 1.00 1.96 714106
105.70 106.70 1.00 1.62 714107
106.70 107.70 1.00 1.11 714108
FL15-34 119.00 120.00 1.00 5.45 714120
FL15-34 165.00 166.00 1.00 0.86 714172 1.95 17.00
166.00 167.00 1.00 0.47 714173
167.00 167.90 0.90 0.88 714174
167.90 168.50 0.60 4.29 714176
168.50 169.50 1.00 2.18 714177
169.50 170.40 0.90 2.38 714178
170.40 171.10 0.70 2.32 714179
171.10 172.00 0.90 4.97 714181
172.00 173.00 1.00 2.53 714182
173.00 174.00 1.00 1.05 714183
174.00 175.00 1.00 2.61 714184
175.00 176.00 1.00 0.89 714185
176.00 177.00 1.00 0.45 714186
177.00 178.00 1.00 0.97 714187
178.00 179.00 1.00 0.91 714188
179.00 180.00 1.00 3.59 714189
180.00 181.00 1.00 4.39 714190
181.00 182.00 1.00 0.58 714191
FL15-34 202.00 203.00 1.00 3.88 714213
FL15-34 227.00 228.00 1.00 0.51 714241
FL15-35 No significant results
FL15-36 50.00 51.00 1.00 3.46 776551 1.99 2.00
51.00 52.00 1.00 0.51 776552
FL15-36 61.80 62.50 0.70 0.91 776564 4.82 1.50
62.50 63.30 0.80 8.24 776565
FL15-36 66.70 67.20 0.50 1.18 776570
FL15-36 79.00 80.00 1.00 1.38 776585
FL15-36 90.50 91.00 0.50 1.52 776596
FL15-36 102.00 102.70 0.70 0.76 776609 8.84 2.00
102.70 103.40 0.70 5.21 776610
103.40 104.00 0.60 22.50 776611
FL15-36 106.00 107.00 1.00 0.75 776615 2.62 19.50
117.90 118.20 0.30 5.82 776629
122.00 122.80 0.80 4.70 776634
128.00 128.80 0.80 1.34 776641
128.80 129.50 0.70 2.22 776642
129.50 130.10 0.60 6.75 776643
130.10 130.70 0.60 1.65 776644
130.70 132.00 1.30 0.38 776645
132.00 133.00 1.00 0.35 776646
133.00 133.80 0.80 0.84 776647
133.80 134.70 0.90 10.50 776648
134.70 136.00 1.30 1.06 776649
136.00 136.60 0.60 0.09 776650
136.60 137.20 0.60 5.11 776651
137.20 137.80 0.60 16.35 776652
137.80 138.70 0.90 3.82 776653
138.70 139.40 0.70 0.50 776654
139.40 140.40 1.00 7.09 776655
140.40 140.90 0.50 0.09 776656
140.90 142.00 1.10 1.04 776657
142.00 143.00 1.00 1.12 776658
143.00 144.00 1.00 0.73 776659
144.00 144.80 0.80 0.86 776661
144.80 146.00 1.20 0.71 776662
146.00 147.00 1.00 0.30 776663
147.00 147.50 0.50 4.87 776664
FL15-36 163.00 164.00 1.00 2.73 776679
FL15-37 No significant results
FL15-38 95.00 95.50 0.50 0.55 714497
FL15-38 205.22 206.00 0.78 0.46 714612
FL15-38 212.00 213.00 1.00 0.92 714619 16.47 9.38
213.00 214.00 1.00 0.54 714621
214.00 214.75 0.75 0.78 714622
214.75 215.50 0.75 1.50 714623
215.50 216.13 0.63 7.26 714624
216.13 216.80 0.67 171.00 714626
216.80 218.00 1.20 1.07 714628
218.00 219.13 1.13 0.99 714629
219.13 219.80 0.67 23.10 714630
219.80 220.67 0.87 11.60 714631
220.67 221.38 0.71 5.90 714632
FL15-38 237.00 237.57 0.57 1.40 714650
True-width calculations indicate that core length
is in excess of 90 per cent of core length.
Quality assurance/quality control
The Alamos drill program is carried out under the supervision of Mark Rein, PGeo, senior project geologist and a qualified person as defined by National Instrument 43-101.
Samples were transported directly in secure containers from the Alamos core handling facility in Lynn Lake, Man., to the ALS Chemex Laboratories in Thunder Bay, Ont. ALS Chemex, which is an accredited ISO/IEC 17025 lab, assayed the samples using standard fire assay methods with a gravimetric finish. Certified standards are placed in the sample stream at a rate of one standard per 20 samples. Certified blanks are placed in the sample stream at a rate of one blank every 40 samples. One lab reject duplicate per 30 samples is submitted to an umpire lab for assay verification. Results are analyzed for acceptance at the time of import. All standards associated with the results in this press release were determined to be acceptable within the defined limits of the standard used.
Peter Karelse, PGeo, vice-president, exploration, for Carlisle Goldfields and a qualified person (as defined by NI 43-101), has reviewed and approved the technical content of this press release.
We seek Safe Harbor.