With four rigs already turning at the Casino property in the southern Yukon, Pacific Sentinel Gold (VSE) is planning to mobilize at least one more to the property in June.
The drilling is part of a $7.2-million program to determine the size and grade of a large copper-gold-molybdenum deposit which was partly drilled-off in the 1970s.
Consultants Archer, Cathro and Associates have calculated a preliminary inventory of 417 million tons grading 0.30% copper, 0.025% molybdenum and 0.01 oz. gold per ton. The estimate is based on 37,000 ft. of small-diameter (BQ) diamond drilling and 14,000 ft. of larger-diameter rotary drilling in the 1970s.
Drilling last year, including 21 larger-diameter holes totaling 15,500 ft., returned significantly higher assays for all three metals.
The large-diameter drilling completed to date (excluding Hole 93-148) covers an area measuring about 3,000 ft. east-west by 2,000 ft. north-south. Hole 93-148 stepped-out about 1,250 ft. to the west of the area. Results from the first seven holes of the 1993 program are as follows: Hole Zone Interval Width Copper Gold Molybdenum
(ft.) (ft.) (%) (oz./ton) (%)
93-144 Leached cap 47-76.00 29 0.13 0.004 0.008
Supergene 76-1170. 41 0.47 0.008 0.016
Supergene & hypogene 76-1,282 1,206 0.34 0.009 0.025
93-145 Leached cap 7-3170. 310 0.09 0.011 0.066
Supergene 317-4560. 139 1.02 0.020 0.089
Supergene & hypogene 317-1,497 1,180 0.34 0.013 0.089
93-146 Leached cap 26-9220. 66 0.06 0.010 0.062
Supergene 92-2300. 138 0.64 0.017 0.116
Supergene & hypogene 92-1,147 1,055 0.31 0.012 0.069
93-147 Leached cap 8-3520. 344 0.06 0.018 0.042
Supergene 352-5270. 175 0.60 0.026 0.064
Supergene & hypogene 352-1,637 1,285 0.30 0.012 0.050
93-148 Leached cap 10-1870. 177 0.05 0.006 0.032
Supergene 187-2930. 106 0.37 0.008 0.033
Supergene & hypogene 187-1,227 1,040 0.25 0.009 0.035
93-149 Leached cap 22-1810. 159 0.07 0.005 0.024
Supergene 181-4670. 286 0.24 0.004 0.026
Supergene & hypogene 181-2,285 2,104 0.23 0.006 0.016
93-150 Leached cap 8-4570. 449 0.06 0.021 0.048
Supergene 457-6610. 204 0.48 0.018 0.023
Supergene & hypogene 457-1,657 1,200 0.23 0.010 0.053
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