Underground drilling at the Samatosum mine near Kamloops, B.C., has extended the strike length of the new zone of mineralization to about 50 metres in total. The Samatosum mine is owned 70% by Minnova (TSE) and 30% by Rea Gold (TSE) which also holds a 5% net smelter royalty.
Two previously released holes (U1330-38 and U1330-43) intersected the zone about 10 metres below the known extent of the Sam zone which is presently being mined by open pit.
The latest hole, U1330-83, intersected 8.5 metres grading 0.87% copper, 1.66% lead, 0.65% zinc, and 102 grams silver plus 9.5 grams gold per tonne. About 1.5 metres below this intersection, the hole encountered a lower-grade section measuring 1.8 metres grading 0.11% copper, 0.17% lead, 0.43% zinc, 13.4 grams silver and 1.1 grams gold per tonne.
Drilling to date indicates the new zone lies parallel to the Sam horizon and appears to dip more steeply.
Further drilling is planned.
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