CHU-ILY (ASHIKTAS DEPOSIT)
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Property NewsJanuary 31, 1997 Gold minerlization has been encountered in every hole drilled to date. Hole 15 returned 73 m grading 1.9 g/t gold including 32.3 g/t gold over 2.3 m. Drilling continued throughout the winter. Results from 12 holes of a 21 hole planned drilling program returned 18 m grading 2.5 g/t gold in hole C420 and hole C423, 3.9 g/t gold in 14 m. Average grade and width of the intersections in the mineralized area is 4 g/t gold over 16 m. January 31, 1997 Gold minerlization has been encountered in every hole drilled to date. Hole 15 returned 73 m grading 1.9 g/t gold including 32.3 g/t gold over 2.3 m. Drilling continued throughout the winter. Results from 12 holes of a 21 hole planned drilling program returned 18 m grading 2.5 g/t gold in hole C420 and hole C423, 3.9 g/t gold in 14 m. Average grade and width of the intersections in the mineralized area is 4 g/t gold over 16 m. |
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