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Maudore Minerals Ltd
Symbol MAO
Shares Issued 22,731,347
Close 2010-07-27 C$ 3.55
Market Cap C$ 80,696,282
Recent Sedar Documents

Maudore drills 143.5 g/t Au over 1.5 m at Comtois

2010-07-28 15:23 ET - News Release

Mr. Ronald Shorr reports

MAUDORE DRILLING EXTENDS COMTOIS ZONES: 143.5 G/T AU AND 117.0 G/T AU OVER 1.5M, AT THE WEST AND EAST KNOWN LIMITS OF THE 11/2KM STRIKE LENGTH

Maudore Minerals Ltd. has released more high-grade gold drilling results from 14 holes on the Comtois project (near Lebel-sur-Quevillon, north of Val d'Or, Que., Canada). Maudore is pleased to announce two additional high-grade results of 143.5 grams per tonne gold over 1.5 metres beyond the eastern limit of Osborne (COM-10-405 on Section 2875mE), possibly extending the resource several hundred metres eastward, and of 117.0 g/t Au over 1.5 m obtained near the western end of the project in the Bell area (COM-10-386 on Section 1375mE). These new holes, 1.5 kilometres apart, surround the exceptional high-grade result of 239.0 g/t Au over 1.5 m (COM-10-348) from the Midway area (Section 1750mE) announced in Stockwatch on June 15, 2010.

Chief executive officer Ron Shorr stated: "These new results strongly support the concept of an extensive mineralized system at Comtois, with many more exceptional results between the Osborne and Midway. The 143.5-gram-per-tonne intercept over 300 metres east of the Osborne main area, a direction with limited drilling to date, could extend the resource length."

New drilling highlights -- 18 intercepts above 10 g/t, including nine intercepts above 20 g/t

The revised resource estimate currently being finalized will incorporate drilling completed up to mid-February with associated assay results received in March. Thus, none of the drill holes currently under way or still in for assay, or those reported in this release or published June 15, will be included in that estimate.

The eastern extension of Osbell drill hole COM-10-405 (Section 2875mE) intercepted an exceptional result of 143.5 g/t Au over 1.5 m, included within 48.5 g/t Au over 4.5 m. This represents the best result obtained to date in this area. Previous high-grade results here were obtained by Cameco in 1995, with 12.9 g/t Au over 1.0 m (COM-95-10), and by Maudore in 2007, with 55.3 g/t Au over 0.8 m, included within 18.8 g/t Au over 2.4 m, possibly enhancing the length of the resource.

Bell area

Four drill holes provided high-grade intervals in the sparsely drilled Bell area (between sections 1225mE and 1400mE). Bell marks the current western limit of the Osbell mineralized trend. Values above 10 g/t Au obtained in these drill holes are: 117.0 g/t Au over 1.5 m, included within 69.4 g/t Au over 3.0 m at a depth of about 70 m (COM-10-386); 24.0 g/t Au over 1.5 m (COM-10-374); 18.2 g/t Au over 1.5 m (COM-10-391); and 12.2 g/t Au over 0.6 m (COM-10-379).

West Osborne area

Six new drill holes intercepted significant gold grades in the West Osborne area. This area is repeating similar results and patterns to the Midway area, enhancing the probability of other mineralized oreshoots. West Osborne (located between sections 1900mE and 2125mE) is an area from which six other successful drill holes were announced in Stockwatch on June 15. New high-grade results include: 10.0 g/t Au over 0.7 m (COM-10-375); 21.5 g/t Au over 1.5 m, included within 7.5 g/t Au over 5.5 m and 11.7 g/t Au over 0.5 m (COM-10-376); 15.7 g/t Au over 0.8 m, included within 6.8 g/t Au over 3.5 m (COM-10-382A); 10.3 g/t Au over 0.9 m (COM-10-395); 34.5 g/t Au over 1.5 m (COM-10-400); and 29.0 g/t Au over 1.0 m, included within 13.8 g/t Au (COM-10-387B).

Osborne area

Two new drill holes intercepted results above 10 g/t Au in the Osborne area: 27.3 g/t Au over 1.5 m, included within 16.6 g/t Au over 3.0 m (COM-10-364, Section 2550mE); 11.2 g/t Au over 1.5 m and 53.6 g/t Au over 0.5 m, included within 5.1 g/t Au over 10.8 m (COM-10-377); and 10.0 g/t Au over 1.2 m and 16.3 g/t Au over 1.0 m (COM-10-398).

                          NEW ASSAY RESULTS

Drill     Section    From     To    Core    Gold    Weighted       High-
hole                (M)      (M)   length  (G/T     average       grade
                                            AU)                 interval

COM-10-364 2550mE  172.5   174.0    1.5   27.3   16.6 G/T AU  27.3 G/T AU
                                                  OVER 3.0 M   OVER 1.5 M
                   174.0  175.5     1.5    6.0  

COM-10-374 1325mE  294.0   295.5    1.5   24.0                24.0 G/T AU
                                                               OVER 1.5 M

COM-10-375 2025mE   63.3    64.0    0.7   10.0                10.0 G/T AU
                                                               OVER 0.7 M

COM-10-376 2050mE  117.0   118.0    1.0    7.7
                   118.0   119.5    1.5    0.3   7.5 G/T AU
                   119.5   121.0    1.5    0.7   OVER 5.5 M
                   121.0   122.5    1.5   21.5                21.5 G/T AU
                                                               OVER 1.5 M
                   199.0   199.5    0.5   11.7                11.7 G/T AU
                                                               OVER 0.5 M

COM-10-377 2425mE  214.5   216.0    1.5   11.2                11.2 G/T AU
                                                               OVER 1.5 M
                   216.0   217.5    1.5    0.1
                   217.5   219.0    1.5    1.5
                   219.0   220.5    1.5    0.2   5.1 G/T AU
                   220.5   222.0    1.5    3.6  OVER 10.8 M
                   222.0   223.5    1.5    1.4
                   223.5   224.8    1.3    0.5
                   224.8   225.3    0.5   53.6                53.6 G/T AU
                                                               OVER 0.5 M

COM-10-379 1325mE  68.0     68.6    0.6   12.2                12.2 G/T AU
                                                               OVER 0.6 M

COM-10-382A 2075mE 302.4   303.2    0.8   15.7                15.7 G/T AU
                                                               OVER 0.8 M
                   303.2   304.0    0.8    0.6   6.8 G/T AU
                   304.0   305.0    1.0    0.9   OVER 3.5 M
                   305.0   305.9    0.9   10.8                10.8 G/T AU
                                                               OVER 0.9 M

COM-10-386 1375mE   76.5    78.0    1.5  117.0  69.4 G/T AU  117.0 G/T AU
                                                 OVER 3.0 M    OVER 1.5 M
                    78.0    79.5    1.5   21.7                21.7 G/T AU
                                                               OVER 1.5 M

COM-10-387B 2075mE  441.0  442.0    1.0   29.0  13.8 G/T AU   29.0 G/T AU
                                                 OVER 3.5 M    OVER 1.0 M
                    442.0  443.5    1.5    7.3   
                    443.5  444.5    1.0    8.4

COM-10-391 1325mE    63.0   64.5    1.5   18.2                18.2 G/T AU
                                                               OVER 1.5 M

COM-10-395 2025mE   268.8  269.7    0.9   10.3                10.3 G/T AU
                                                               OVER 0.9 M

COM-10-398 2265mE   109.0  110.2    1.2   10.0                10.0 G/T AU
                                                               OVER 1.2 M
                    217.0  218.0    1.0   16.3                16.3 G/T AU
                                                               OVER 1.0 M

COM-10-400 2025mE   275.5  277.0    1.5   34.5                34.5 G/T AU
                                                               OVER 1.5 M

COM-10-405 2875mE   238.5  240.0    1.5    1.0   48.5 G/T AU
                    240.0  241.5    1.5  143.5    OVER 4.5 M 143.5 G/T AU
                                                               OVER 1.5 M
                    241.5  243.0    1.5    1.1

Gold grades are expressed uncut and over core length. In most cases, core
length and true width are close to being the same, given the dip of the
drill hole, and the strike and dip of the mineralized zone.
Identification of the mineralized zone is based on a preliminary
interpretation using plan and cross-sectional representations. Values
were rounded at one decimal point.

Quality assurance and quality control (QA/QC)

Maudore's exploration program is supervised by Alain Carrier, MSc, PGeo, of InnovExplo Inc., a consulting firm based in Val d'Or, Que. Mr. Carrier is a qualified and independent person as defined under NI 43-101 guidelines. Comtois exploration is conducted under strict QA/QC protocols, including mineralized standards, blanks and field duplicates. Half of all sampled core is retained for future reference, and analyses are performed by ALS-Chemex Laboratories in Val d'Or, Que., and Timmins, Ont.

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