Vancouver – With the BC government dragging its feet over a decision that would allow mine development of Redcorp Ventures’ (RDV-T) wholly-owned Tulsequah polymetallic project, the junior has elected to launch a 1,500 metre drill program over its Hawk gold project in north central British Columbia.
A newly completed surface sampling program traced two parallel veins over a 3-km strike length at the Radio zone. Highlights from the surface results include 27.9 grams gold per tonne, plus 0.81% copper over 0.2 metre, 123 grams gold and 1.73% copper over 0.3 metres and 36.9 grams gold, plus 1.08% copper over 0.3 metre.
Moving 1.4-km to the north, follow-up work on the AD vein discovered float boulders 800 metres along strike from the main showing, that returned up to 30.6 grams gold.
Based of the results, Redcorp has launched a 1,500 metre drill program aimed at testing these vein systems at depth.
A request for a new Project Approval Certificate (PAC) for the Tulsequah project has been in the hands of the provincial government since May 31. Under the guidelines of the Environmental Assessment Act, the Ministry of Energy and Mines and the Ministry of Sustainable Resource Management were expected to render a decision within 45 days. The base and precious metals project has sat idle since June 2000, when the original PAC was rescinded.
The Tulsequah project is in a former mining camp alongside the Tulsequah River in a remote rugged corner of northwestern British Colmbia, 100 km south of the town of Atlin and 65 km northeast of Juneau, Alaska. Redfern estimated an indicated and inferred mineral resource of 8.9 million tonnes grading 6.61% zinc, 1.24% lead and 1.31% copper, plus 2.53 grams gold and 108 grams silver per tonne.
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