Reported completing 1261m of drilling in three holes. Interpretation of core logs and assays suggest that a Mount Chalmers style massive sulphide deposit could occur below drill hole #2, and beside drill hole #3. Data from a downhole electromagnetic survey of drillhole #3 adds weight to that possibility.
Additional drilling will be done.
September 16, 2005
Reported drill hole has intersected substantial zones of alteration, with gold, copper, lead and zinc anomalism (eg. 19.4m @ 0.33g/t gold, 21.7m @ 0.58% Zinc and 0.28% lead). These encouraging intersections were all within a single coherent zone, and are regarded as identical to peripheral zones around the original
Mount Chalmers orebody. This zone of anomalism and alteration is only partially tested and is open to the south.
June 30, 2005
Drill sites have been cleared; the first three holes have targeted depths of 250 metres, 250 metres and 300 metres, and will be drilled after Mount Victoria’s two holes.
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