A drill program costing US$215,000 is scheduled to begin this month on Gold Pan Resources’ (VSE) Battle Mountain property under option to Billiton Minerals in Ladner Cty., Nev. The 32-claim property adjoins Battle Mountain Gold’s (TSE) Iron Canyon gold deposit. Although the continuity of the Iron Canyon deposit has not yet been clearly established, Gold Pan is hoping to detect extensions to that deposit on its ground.
The objective of the current drilling by the Billiton-Gold Pan joint venture is to follow up on encouraging results intersected during a previous 10-hole program on the property.
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