The drilling was highlighted by hole 406, which cut 54 ft. (true width) grading 12.5% zinc, 3.8% lead and 1.9 oz. silver per ton.
A second hole, fanned from this one, hit three zones of mineralization, the most significant being 25.5 ft. wide (true width) and grading 9% zinc, 0.5% lead and 0.26 oz. silver.
Hole 400, 40 ft. south and 30 ft. east of hole 406, cut a true width of 15.3 ft. grading 1.47 oz. silver per ton, 5.5% lead and 8.3% zinc.
Two other holes were fanned from the same setup, and each cut two zones of mineralization. Hole 399, drilled at a shallower angle than hole 400, cut up to 19.4 ft. (true width), which graded 9.3% zinc, 1.86% lead and 0.84 oz. silver per ton.
The base metal zone is in the footwall of the Destor-Porcupine fault system. It was found last year following a new interpretation of geological and geophysical data.
Additional drilling is planned.
Consulting firm AMEC Americas is contributing to a feasibility study of the Black Fox gold project, which should be completed by mid-year.
In early 2004, proven and probable open-pit reserves stood at 3.26 million tons grading 0.14 oz. gold per ton, or 2.95 million tonnes grading 4.8 grams gold per tonne.
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