The Point Lake Target is situated within the Lac La Ronge Provincial Park, located approximately 70 km northeast of La Ronge via HWY 102 and a maintained local trail. Historical exploration on the Point Lake Target dates back to the 1940’s and has had modern LiDAR, VTEM and magnetic surveys completed. The Point target is an advanced prospect with much positive exploration potential to build on the 54 drill hole (5,707m) existing database. A 2019 drill program that comprised 1,947m in 13 diamond drill holes confirmed historical analytical results and tested for an extension of gold mineralization along strike and down-dip of known mineralization. Program highlights include:
Weighted average results reported from hole RM86-21 included:
- 4.07 grams gold per tonne (g/t gold) over 3.65 metres (m) beginning at 23.75 m; and
- 12.34 g/t gold over 0.50 m beginning at 27.40 m; and
- 3.54 g/t gold over 4.80 m beginning at 44.55 m;
- including, 19.47 g/t gold over 0.50 m beginning at 45.50 m; and
- including, 4.47 g/t gold over 1.0 m beginning at 47.50 m.
- 8.22 g/t gold over 10.65 metres from 51.6 metres to 62.25 metres:
- including, 6.68 g/t gold over 2.95 metres beginning at 53.20 metres; and
- including, 111.07 g/t gold over 0.5 metres (visible gold noted) beginning at 61.25 metres.
- cut to a maximum of 30.0 g/t gold, the full 10.65 metre interval averages 4.42 g/t gold.
- 13.61 g/t gold over 0.5 m from 65.65 m.
- 3.19 g/t gold over 2.00 m beginning at 75.10 m.