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Title: Duparquet Gold Project: New Gold Zones Boost Potential Reserves

by Priya Shah – Business Editor

Duparquet Gold Project Sees Promising Expansion with New Discoveries

First mining Gold has announced the discovery of two new gold zones,⁤ named Miroir and Aiguille, at it’s Duparquet Gold Project located in Western Quebec, Canada, approximately 50⁤ kilometers north ⁣of Rouyn-Noranda within the prolific Abitibi Greenstone Belt.These​ discoveries were made during ongoing expansion ​drilling at‌ the‍ project site.

The Duparquet ⁤project currently boasts a notable⁤ gold resource, ‌estimated at 3.44 million ounces in ⁣the Measured​ and Indicated categories, as detailed⁣ in a 2023 technical​ evaluation. The newly identified Miroir and Aiguille⁢ zones hold the⁤ potential to further increase this resource. According to‍ Marina Iund of InnovExplo, lead ⁤author of the project’s mineral resource⁣ study, these areas​ are geologically ​significant.

The⁣ Miroir zone is situated north of the Valentre ⁤target, while Aiguille lies to the south, effectively⁣ establishing ‌new geological markers within ⁣the primary gold-bearing corridor. This‌ corridor is aligned with the Destor-Porcupine fault line, a​ key structure facilitating⁣ the movement of mineralized fluids. Drilling data has highlighted the importance ⁤of syenite, a prevalent rock type at duparquet, as a host ‍for ‌gold concentration.

Drilling operations are actively continuing in both the Miroir and Aiguille zones, with‍ these areas becoming primary ‌targets‌ as the ‍2025​ field season progresses. The data‌ collected will be crucial in determining whether gold mineralization occurs as a continuous structure or in localized pockets.

The project’s resources are‌ documented ⁢in accordance with‌ National ⁣Instrument 43-101⁤ (NI 43-101), Canada’s ⁢standard for mineral resource reporting.‍ This documentation ⁣confirms the 3.44 million ounce Measured and Indicated resource, with ⁤an additional ​2.64 ⁤million ounces estimated ⁤in the Inferred category.

the Duparquet region‌ has a history ⁤of gold production, ⁢with the Beattie and Donchester mines operating during the‍ mid-20th ⁤century. Past records indicate ⁣that the average gold grades from these past-producing mines ‌were comparable to those found in other established deposits ⁢within ‌the Abitibi Belt.

First Mining Gold maintains rigorous quality assurance and quality control procedures, utilizing the fire ⁣assay ​method‌ for gold analysis, known for its ⁣accuracy even at low concentrations. Samples ⁤are analyzed‌ at AGAT Laboratories, which holds⁤ ISO 17025 accreditation, demonstrating​ its ⁣technical ​competence.

Previous studies, as noted‍ by Marina Iund, have⁤ demonstrated‌ geological and gold grade continuity across all mineral zones⁣ within ​the project. ⁢These studies also identified syenite intrusions, volcanic rocks, and an east-west ‌fault⁤ network as key ⁤structural features contributing to gold accumulation.

Looking‍ ahead, two drilling rigs⁣ will ⁣remain operational at Duparquet throughout 2025. The ​primary objective is to connect the newly discovered zones with existing resources⁢ and to⁣ upgrade gold‌ resources from the Inferred category to ⁤the more confident‍ Indicated‌ category, requiring ​denser data and robust geological ⁣verification. Given the Abitibi Belt’s reputation as a highly ‍productive Archaean greenstone belt,‌ and the potential for extensive mineralization along fault lines, the ⁣Miroir​ and Aiguille zones⁢ are considered to have significant potential to contribute to the overall project.

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