Golden Valley Mines Ltd. (TSX VENTURE:GZZ) reported the final results (16 drillholes totalling 2,539 metres) from the 2008 drill program on the Malartic CHL Prospect.
The press release is quoted as saying:
The property is currently optioned to Osisko Mining Corporation (TSX:OSK)(FRANKFURT:EWX). Additional near-surface, higher grade gold mineralization has been intersected testing the Shaft Zone and CHL Porphyry Intrusion targets. Highlights include, 4.5m averaging 2.22 g/t Au, with 2.7m grading 3.42 g/t Au (CHL08-2116) from the Shaft Zone and 7.5m averaging 1.00 g/t Au (CHL08-2124) at the CHL Porphyry Intrusion.
