Drilling wraps up at Assean Lake (October 04, 2001)

Vancouver — The latest results from a newly completed 5,000 metre drill program by International Curator Resources (IC-T) shows that a steeply plunging high-grade shoot on the Assean Lake gold property near Thompson, Man., is flanked by lower grade mineralization.

Located on the Hunt claims, the company is targeting mineralization hit during last year’s drill program. The new discovery was cut by six of the holes over a 500-metre strike length. Mineralization occurs as silicified zones with pyrite, pyrrhotite, galena, arsenopyrite and chalcopyrite in a fracture zone in an Archean banded iron formation. The latest results include:

• Hole 32 — 14.2 metres grading 0.46 gram gold per tonne from 117 metres down-hole,
• Hole 33 — 10.1 metres grading 3.64 grams gold from 182 metres down-hole,
• Hole 34 — 3.3 metres grading 4.73 grams gold from 191 metres down-hole,
• Hole 35 — 3.8 metres grading 3.37 grams gold from 174 metres down-hole,
• Hole 36 — 4.5 metres grading 1.15 gram gold from 104 metres down-hole, and
• Hole 37 — 7 metres grading 1.16 gram gold from 170 metres down-hole.

This second round of drilling tallied 35 holes, with 16 of them collared on the Hunt zone. Holes 38 through 56 tested reconnaissance geochemical and geophysical targets over an 8-km long structural zone. Assay results are pending.

International Curator can earn a 60% stake in the property from a private company by spending $1.25 million over four years.