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Property NewsFebruary 12, 2007 Rock and soil sampling and 10,000 feet (3,048 m) of RC drilling was planned. June 20, 2005 Announced results from the first phase exploration program. The exploration program consisted of surface mapping, rock chip sampling, airborne geophysics, and data compilation and analysis. The current rock chip sampling focused on a one square mile area where a total of 92 samples were taken defining an area of anomalous values 600 feet wide by 1,500 feet long after which it dives under pediment cover. Based on a newly
completed airborne magnetics survey the trend of sediments appears to continue eastward, under pediment cover, for approximately 8,000 feet. Highlights of the program included 35 copper values ranging from 0.133%/t to 8.670%/t, 27 silver values ranging from 0.160 oz/t to 5.431 oz/t and 11 gold values ranging from 0.010 oz/t to 0.074 oz/t with one sample of 1.232 oz/t. Drilling is planned for lates summer 2005 with 10,000 feet of reverse-circulation drilling. March 17, 2005 Phase I exploration consisting of surface mapping, rock chip sampling, airborne geophysics and data compilation had begun. The Phase II program was to include up to 10,000 ft of RC drilling. |
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