Esso cuts values on Cline property

Esso Minerals has completed 15 holes on Cline Development’s Cline Ea st property near Wawa, Ont., says Cline President L. J. Bardswich.

Some of the values intersected are as follows:

Grade (oz gold

Hole # Interval (ft) per ton

86-17 38.8 0.139

including 7.3 0.297

and 5.3 0.424

86-18 45.5 0.157

including 9.5 0.229

and 7.3 0.421

86-20 16 0.366

86-24 14.8 0.238

including 9.8 0.308

All high values have been cut to 0.72 oz gold per ton. Esso can earn a 75% interest in the property by spending $750,000 on the property by Oct 14, 1989. Drilling is continuing.