• Opus One Resources (OOR) has revealed the assay results from two drill holes at the Noyell property in Quebec 
  • The company had planned to drill 10 holes for a total of 2,500 metres, but could only drill two holes before curtailing the program due to COVID-19 
  • The first zone intersected two gold zones, including 6.7 grams per tonne gold over 1.2 metres, and three grams per tonne over 1.6 metres 
  • The second drill intersected a gold zone of 2.54 grams per tonne gold over 11.2 metres, which included 7.96 grams per tonne over 3.7 metres 
  • Opus One Resources (OOR) is in the grey and is trading at C$0.08 per share 

Opus One Resources (OOR) has revealed the assay results from two drill holes at the Noyell property in Quebec.

The company wanted to conduct a 10-hole program for a total of 2,500 drill metres. However, due to coronavirus shutdowns the company could only complete two drill holes on the site.

The first hole intersected two mineral zones beginning at 374 metres a 425.6 metres downhole, respectively. The first zone returned assays of 6.76 grams per tonne gold over 1.2 metres and 3 grams per tonne over 1.6 metres.

The second zone had a single intercept which returned 1.60 grams per tonne over 3.9 metres. The second hole intersected one major zone and two minor mineralised zones.

The first zone from 294.6 metres 306.1 metres downhole returned intercepts of 3.54 grams per tonne over 11.2 metres, which included a result of 7.96 grams per tonne over 3.7 metres.

Further down hole the drill also hit 1.1 grams per tonne over 1.7 metres down 238 metres down hole, and 1.32 grams per tonne over 1.2 metres from 358 metres downhole.

CEO of Opus One Resources, Louis Morin said the 2020 drill program started well before having to curtail the drilling due to the COVID-19 pandemic.

“Fortunately, we had time to complete the planned geophysics program and the first two drill holes.

“The drilled zones remain open at depth and results obtained provided us with the precious information.

“We are enthusiastic to prepare for the next exploration program phase; we know there its gold in the system, and we have a large land package in the Vezza-Casa Berardi area to explore,” he said. 

Opus One Resources (OOR) is trading grey and is trading at C$0.08 per share at 2:35 pm EDT.

More From The Market Online
A gold bar from Dynacor Group's ore processing facility in Peru.

Green flags galore: Why to invest in Dynacor Group today

Gold stock Dynacor Group (TSX:DNG) announces a monthly dividend of C$0.01167 per share for August 2024 with eyes on further growth.
European minerals

Euro Sun Mining completes Critical Raw Materials Act submission

Euro Sun Mining (TSX:ESM) applies to the European Commission for the Rovina Valley Project under the Critical Raw Materials Act.
Drill rig at Corrales target zone on Coppernico Metals' Sombrero project in Peru.

Coppernico Metals begins drilling in Peru with TSX debut in sight

Coppernico Metals begins a drilling program at its Sombrero copper-gold project in Peru, setting the stage for a listing on the TSX.
Gold from Cascadia Minerals' outcrop sampling at its Catch property in the Yukon.

Three Canadian junior mining stocks positioned to thrive

Investors in Canadian junior mining stocks need some of the sturdiest stomachs in the market, but could end up earning multi-bagger returns.