Vancouver — Drilling by
Holes 107 and 108 intersected what is believed to be the core of the deposit. Hole 107 returned 15.12 metres grading 16.59% zinc and 3.7% lead at a depth of 144.2 metres, while hole 108 intersected 12.61 metres grading 11.54% zinc and 2.2% lead at 133.1 metres down-hole.
Other significant intercepts include 10.3 metres grading 7.56% zinc and 1.57% lead at a depth of 132 metres in hole 105, and 10.79 metres of 4.18% zinc and 0.59% lead at 116 metres down-hole in hole 106. These two holes are thought to represent the southern edge of the E zone. The grades are somewhat lower, owing to dilution from late-stage pegmatite dykes barren of mineralization.
Crews drilled 1,838 metres (11 holes) in all. Results from the remaining three holes are pending.
The E zone was discovered in outcrop at the eastern end of a zone of zinc-lead massive sulphide mineralization. The thickest mineralized zone occurs at the nose of a fold plunging more than 3,000 metres. Drilling next year will test the extent of the massive sulphide mineralization along the length of the fold.
The company can acquire up to a 70% interest in the Ruddock Creek property from
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