Several encouraging intersections have been completed by partners, Kennco Explorations, North American Rare Metals and Dundee-Palliser Resources on a 203-claim property in Vezza Twp., Que. Located approximately 20 miles east of Joutel, the property is being tested by a 20,000-ft drill program.
Four holes cut lower grading mineralization. These include hole 86-1 which intersected 3.8 ft grading 0.22 oz gold per ton and a deeper section of 13.5 ft grading 0.11 oz. Hole 86-3 cut 2.5 the property is being tested by a 20,000-ft drill program.
Four holes cut lower grading mineralization. These include hole 86-1 which intersected 3.8 ft grading 0.22 oz gold per ton and a deeper section of 13.5 ft grading 0.11 oz. Hole 86-3 cut 2.5 ft grading 0.15 oz and a 19.5-ft section assaying 0.11 oz. Another hole, drilled beneath hole 86-3, intersected 18.7 ft grading 0.19 oz. Hole 86-5 intersected 8.4 ft grading 0.11 oz.
The holes were confined to a 1,000-ft section of the zone. Dundee and North American can earn a 50% interest each in the property after spending $1 million. Kennco has the right to earn up to 40% from the two companies.
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