Eastfield bullish on Lorraine

Vancouver — Eastfield Resources (ETF-V) has tabled encouraging results from two more holes drilled on the Lorraine copper-gold property near Prince George, B.C.

The latest bout of drilling was aimed at expanding the existing resource, last pegged at 32 million tonnes containing 0.66% copper, plus 0.17 gram gold and 4.7 grams silver per tonne.

No. 62, like most of the holes, was sunk on the southwestern side of the mineralizing system; it was collared 87 metres southwest of hole 48 (53 metres grading 0.84% copper and 0.36 gram gold) and hit 51 metres averaging 0.89% copper and 0.61 gram gold per tonne at 9.1 metres down-hole.

Hole 61 was drilled from the same site as hole 60 (113.2 metres grading 0.76% copper and 0.49 grams gold). More steeply angled, it hit several lower-grade sections, including 51.2 metres grading 0.32% copper and 0.19 gram gold. Eastfield believes the hole was terminated before hitting the favourable high-grade zone.

Drilling is expected to resume later in the year.

The junior can earn up to a 75% interest from Lysander Minerals (lym-v) by spending $4 million on exploration, paying $550,000 in cash or shares, and completing a feasibility study.

Curator cuts nickel near Hunt

Vancouver — Initial results from a 37-hole drill program by International Curator Resources (IC-T) have confirmed the discovery of a second gold-bearing zone some 3 km east of the Hunt zone on the Assean Lake property near Thompson, Man.

Dubbed B52, the new zone has been cut by two holes and is open downdip. Hole 74 tested the downdip extension of the mineralization hit in hole 60 (4 metres grading 10.2 grams gold per tonne) and returned 5.63 grams gold over 2.4 metres. Assay results for holes drilled on strike of the B52 zone are still pending.

At the Hunt zone, four holes tested the downplunge extension of the mineralization at 100-metre spacings. Hole 62 cut a fault zone at the target depth with no significant values, whereas hole 70, about 100 metres to the east, intersected a 4-metre quartz vein containing weakly anomalous gold values. Results from hole 73 are pending.

Holes 57 and 63 tested previously defined geophysical anomalies, and both cut zones of nickel sulphide mineralization. Hole 57 hit two zones, including 0.46% copper over 3.8 metres at 38 metres down-hole. Hole 63 hit 0.55% nickel over 3 metres at 32 metres down-hole. The nickel occurs within a sequence of sulphide-bearing Proterozoic metasediments intruded by ultramafic sills or dykes.

The 4,600-metre program of winter drilling is now complete, and assay results from the last 20 holes are expected shortly.

International Curator can earn a 60% stake in the property from a private company by spending $1.25 million over four years.

Navasota eyes Fran project

Vancouver — With drilling now complete and assay results pending, Navasota Resources (NAV-V) has inked a deal with Cassidy Gold (CDY-V) to pick up the remaining 40% it does not already own in the prospective Fran property in north-central British Columbia.

Navasota will pay $30,000 and issue 50,000 shares to Cassidy once the Canadian Venture Exchange approves the deal. It must then issue 150,000 shares over the next 18 months and, once a positive feasibility study is complete, issue an additional 800,000 shares.

Lying 70 km northeast of Fort St. James, the Fran property is considered prospective for structurally controlled high-grade gold mineralization, as well as “porphyry-style” bulk-tonnage targets. Navasota recently completed a round of drilling on the Hilltop prospect, where nine holes tested an area measuring 300 by 450 metres.

Hole 13 was collared 350 metres south of the showing and returned 30.11 grams gold per tonne over 2 metres. Results from the other eight holes are pending.

Earlier this year, the junior tabled encouraging drill results from the Midridge and Roadside showings. Four holes tested a 200-by-500 metre gold-in-soil geochemical anomaly at Midridge. The best results came from hole 12, which yielded 4.27 grams gold over 5.6 metres and 3.16 grams gold over 4 metres. The second interval also carried 0.2% copper and 6.56 grams silver.

Three holes tested the Roadside showing, with the best results occurring in hole 8: 6.43 grams gold over 4.6 metres.

Tom cuts sulphides at Kelly Lake

A stepout hole, drilled to test a projected extension of the Kelly Lake sulphide deposit in Ontario, has returned a wide swath of similar mineralization for Tom Exploration (TUM-V).

Kelly Lake is part of the company’s Temiscamingue property, which covers 4,000 hectares of the Sudbury-Belleterre sulphide belt.

In 1959, Regcourt Mines reported a deposit with a resource of 2.2 million tonnes grading 1.4% combined copper and nickel. Tom has been drilling what it describes as an extension of that deposit.

Hole K-120 cut 12 metres (starting at 20.5 metres down-hole) grading 1.02% nickel, 0.34% copper and 0.07% cobalt, plus 2.53 grams silver, 0.48 gram platinum and 0.47 gram palladium per tonne. The hole was collared 30 metres east of hole 118, which was itself a 30-metre stepout (in the same direction) of holes 116 and 117. All three returned similarly encouraging results.