Cadillac Mines Corporation reported high-grade gold results from infill drilling at its Kerr-Addison open-pit in Ontario on Wednesday [1].
These results are critical because they suggest the company can convert waste material into economic mineralization. This process could upgrade the confidence level of the 2026 Mineral Resource Estimate and potentially increase the total resources available for extraction.
The company said it has completed the first 29 infill diamond drill holes [2]. These initial holes returned a gold grade of 2.13 grams per tonne over 38.2 metres [3]. This specific intercept is located within the 2026 Mineral Resource Pit [1].
To date, the company has drilled 11,569 metres [3]. This is part of a larger planned infill drilling program totaling 17,850 metres [3]. The drilling is designed to provide a more granular understanding of the gold distribution within the existing pit boundaries.
"Cadillac Mines is pleased to announce the assay results from the first 29 infill diamond drill holes," a company spokesperson said [1].
The focus of the current operation remains the Kerr-Addison site, where the company is seeking to maximize the value of the open-pit resource. By targeting these high-grade zones, the company aims to refine its mining plan for the current year.
“The first 29 infill holes have returned 2.13 g/t gold over 38.2 m, highlighting significant high-grade potential.”
The ability to convert waste to economic mineralization allows a mining company to extend the life of a mine without necessarily expanding its physical footprint. By increasing the grade and confidence of the 2026 Mineral Resource Estimate, Cadillac Mines may improve its projected revenue and operational efficiency at the Kerr-Addison site.
