Formation plans Idaho drilling

Drilling is planned for the Sunshine project in Lemhi Cty., Idaho.

Formation Capital (TSE), which holds an option to earn a 100% interest in the property, plans to drill 30,000 ft. The 60-hole program is budgeted at $1.5 million.

Previous work outlined an in situ resource of 400,000 tons grading 1.1% cobalt and 0.26% copper, as well as 0.05 to 0.1 oz. gold per ton.

Initially, Formation will review the 77 holes previously drilled on surface and underground.

Print

Be the first to comment on "Formation plans Idaho drilling"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close