Results from the completed initial eight hole Eidsvold drilling program includes 0.1 m at 4.09g/t from 27.95m and 0.9 m at 1.72 g/t from 41m (EVDD001), 0.6 m at 5.23 g/t from 28m (EVDD002), and 0.9m at 2.03 g/t from 135.1m and 0.25 m at 2.04 g/t from 152.5m (EVDD005).
January 10, 2008
Drilling commenced. This initial programme includes six to eight diamond drill holes of 800m to 1000m in total. Drilling is targeting the intersection of the Mount Rose and Augusta Reefs.
December 31, 2007
Exploration drilling program of eight damond drill holes for 921 metres has just been completed with assay results expected in the next 3-6 weeks when hole logging and cutting is completed. Of note, hole EVDD01 intersected thick zones of mineralisation on both reefs. The type of mineralisation observed, suggests that Eidsvold is not a mesothermal vein system, but may be a carbonate-bearing low-sulphidation epithermal system, similar to the Cracow system, west of Eidsvold.