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CRUCE/PINAL GOLD
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Key Facts
Location:
Nevada, USA
0 km of PINAL COUNTY Commodities: Gold
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Comparable Properties
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Latest Information March 31, 2008 Carried out its first drill program on the property. The Fischer Watt Gold used an Air-track drill rig to drill a close-spaced grid of 63 shallow holes to test three of the four anomalous zones; the East, West and Copper Oxide zones. Holes were drilled along a series of east-west oriented lines spaced 30 or 60 meters apart with holes along each line being 10 or 20 meters apart. On the East Zone, of the 33 holes drilled in this area, 24 of them contained mineralization of at least 0.007 oz.Au/t over 10 feet. On the West Zone, of the 23 holes drilled in this zone, 21 of them returned assays with at least 0.007 oz.Au/t over 10 feet, including hole O-3, returning 30 feet grading 0.036 oz/t. On the Copper Oxide zone, hole I-1, which was the hole collared furthest to the east, encountered 0.72 % Cu over 10 feet at a depth of 60–70 feet. April 30, 2007 The company has planned its exploration program which will be carried out during the summer months of 2007. The work will include an initial drilling campaign designed to help trace the vein's geometry as well as help determine where high-grade gold shoots may occur. The work program has been approved by the regulatory agency and an environmental reclamation bond of $2,956 has been deposited. About 10 years ago, the property had some wide-spaced drilling carried out on it by others. Fischer-Watt will carry out a series of geological surveys on the property prior to designing a closer spaced test drilling program in areas of stronger mineralization. |
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