Expatriate resumes drilling

Exploration drilling by Expatriate Resources (EXR-V) is testing the WOL and Goal Net properties in the Finlayson Lake region of the Yukon Territory. In the meantime, the company is examining the feasibility of a base metal mining project encompassing its more advanced deposits in the region.

The WOL property is believed to host the downdip extension of Expatriate’s Wolverine deposit (6.2 million tonnes of 12.66% zinc, 1.33% copper and 1.55% lead, plus 1.76 grams gold and 371 grams silver per tonne), whereas the Goal Net property is 6 km south of the GP4F deposit, in the Kudz Ze Kaya part of the district.

GP4F hosts an inferred resource of 6.4% zinc, 0.1% copper and 3.1% lead, plus 2 grams gold and 90 grams silver. The larger Kudz Ze Kaya deposit contains a resource of 11.3 million tonnes grading 5.9% zinc, 0.9% copper and 1.5% lead, plus 1.3 grams gold and 133 grams silver.

The first hole drilled on the WOL claims earlier this summer returned 7.4 metres (true thickness) of massive sulphides grading 13.56% zinc, 1.16% lead, 0.68% copper, 152 grams silver and 0.59 gram gold. A second hole hit weak mineralization. The third will test the horizon northeast of the first hole.

At Goal Net, previous drilling intersected semi-massive sulphide mineralization in a gently dipping quartz porphyry rhyolite strata. While results were low-grade, the mineralization contained low levels of selenium (a concentrate contaminant), as is the case at the GP4F deposit at Kudz Ze Kaya. The next hole will target a geophysical conductor similar to one associated with the GP4F deposit. Elsewhere, a series of gravity, magnetic and electromagnetic targets are being evaluated for drill-testing.