Several new anomalies which may represent mineralized and altered zones have been outlined in an airborne survey on the Cross Mine properties near Boulder, Colo.
Nearly all of the known mineralized zones are associated with magnetic lows. International Larder Minerals (TSE) says one interesting magnetic low lies north of the Cross mine on Caribou Hill in an unexplored, overburden-covered area; another lies southeast of it.
At the Cross mine, work on the North Apache structure above the tunnel level continues to define a well-mineralized zone associated with an altered fault structure. Channel-sampling has returned values up to 1.01 oz. gold per ton, 3.63 oz. silver, 1.75% lead and 3.5% zinc over three feet.
Work on the tunnel level has succeeded in tracing a subparallel zone (the South Apache zone) in the immediate footwall of the North Apache zone. South Apache averages 4.9 ft. in width and averages 0.1 oz. gold, 0.56 oz. silver, 0.56% lead and 1.34% zinc along 68.5 ft.
Based on these results, property-owner Hendricks Mining, a private Colorado company, plans soon to begin drill-testing the North and South Apache zones. Larder has a 49% interest in MCK, a private Ontario company which holds an option to buy the outstanding shares of Hendricks Mining.
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