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Property NewsOctober 5, 2004 Completed seven shallow diamond drill holes totalling 784 m on two targets. Three holes were drilled on the central grid zone targeting gold and pyrite mineralized quartz carbonate sediment packages. Anomalous results from the drilling included 0.41 g/t Au over four metres and 0.35 g/t Au over one metre. The targets are shear-zone-hosted-quartz veins that have near-surface, bulk- minable potential. The central grid drilling and 2004 surface exploration program have confirmed the occurrence of low concentrations of gold within the sedimentary host rocks. Erdene plans to test additional favourable structural targets along the 12-kilometre trend. Four holes were also drilled on the south grid within gold-, silver- and coppermineralized extensively sheared and brecciated quartz vein material and granodiorite. The drilling discovered three narrow sulphide-mineralized zones, with one hole intersecting 0.16 per cent copper and nine grams per tonne silver over two metres. No further work is anticipated in this target area. October 5, 2004 Completed seven shallow diamond drill holes totalling 784 m on two targets. Three holes were drilled on the central grid zone targeting gold and pyrite mineralized quartz carbonate sediment packages. Anomalous results from the drilling included 0.41 g/t Au over four metres and 0.35 g/t Au over one metre. The targets are shear-zone-hosted-quartz veins that have near-surface, bulk- minable potential. The central grid drilling and 2004 surface exploration program have confirmed the occurrence of low concentrations of gold within the sedimentary host rocks. Erdene plans to test additional favourable structural targets along the 12-kilometre trend. Four holes were also drilled on the south grid within gold-, silver- and coppermineralized extensively sheared and brecciated quartz vein material and granodiorite. The drilling discovered three narrow sulphide-mineralized zones, with one hole intersecting 0.16 per cent copper and nine grams per tonne silver over two metres. No further work is anticipated in this target area. |
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