Cumberland starts new Meadowbank drilling (July 12, 2002)

Cumberland Resources has started a second phase of drilling on its Meadowbank gold project in Nunavut, following on an earlier program that outlined a new mineralized zone on the property.

The new program, about 8,000 metres of drilling in 70 holes, will be used to outline the currently known North Portage and Third Portage deposits and to investigate new targets generated by a newly-completed campaign of overburden drilling. Five zones — Vault, Third Portage, Goose Island, Bay Zone and North Portage — together contain a measured and indicated resource of 7.8 million tonnes grading 5.8 grams gold per tonne, plus inferred resources of 10.9 million tonnes with an average grade of 4.4 grams.

Earlier this field season, a 35-hole drill program indicated a new mineralized body, dubbed the Connector Zone, extending southeast from North Portage to Third Portage. A 450-metre strike length is mineralized over drill widths of 2 to 11 metres.

Gold grades in the Connector Zone are mainly in the 3- to 10-gram range, with local higher-grade sections running up to 175.6 grams over a core length of 1.5 metres.

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