Recent drilling on adjacent claims owned by Gold Bar Resources (COATS) has led the companies to probe for extensions to the Gold Bar zones on their property.
Current geological reserves on the Chesbar property stand at 507,365 tons averaging 0.238 oz gold per ton in the No 3 vein. The gold occurs in quartz veins hosted by multiple shear zones. The No 3 vein has been explored by a decline ramp on several underground levels.
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