Project operator Newhawk Gold Mines (TSE) released assays for the first three holes drilled on two of five bulk-tonnage copper-gold targets being tested on its 60% owned Sulphurets property north of Stewart, B.C.
This year’s $1.5-million, 2-phase drill program is divided between selected bulk-tonnage zones on the western portion of the property and higher-grade targets on the southeastern portion of the claim block. The 2-phase program will involve 13,000 ft. of drilling.
Two holes were drilled on the Mitchell zone, with hole 386 returning 504.3 ft. grading 0.16% copper and 0.022 oz. gold per ton from surface to 504.3 ft. Hole 387 returned 506.2 ft. (from surface to 506.2 ft.) of 0.15% copper and 0.020 oz. gold.
The best result to date is from a hole drilled on the Sulphurets gold zone, which returned 374.7 ft. grading 0.42% copper and 0.016 oz. gold from 173.5-548.2 ft. This zone is about 1.5 miles south of the Mitchell zone. Newhawk said these significant intersections support the concept of a system of copper-gold bulk tonnage deposits extending north from Placer Dome’s Kerr copper-gold deposit.
The second-phase program includes 5,500 ft. of drilling to test selected high-grade targets in the Brucejack area near the West zone in the southeastern sector of the property. Other targets will also be tested in the program.
Granduc Mines (TSE) holds a 40% interest in the 33-square-mile Sulphurets property.
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