Golden Rock drills near Chibougamau (February 09, 1987)

Golden Rock Explorations has put three drill rigs to work on its Chibougamau property in northwestern Quebec following a financing that raised more than $2 million.

The company says six holes have cut a favorable zone up to 328 ft wide on the Chibougamau property although no assays are available yet.

Golden Rock plans to spend $1.3 million on exploration of this and other properties in northwestern Quebec. Drilling is expected to begin shortly on properties in Ligneris, Guyenne and Estrades twps.

Golden Rock Explorations has put three drill rigs to work on its Chibougamau property in northwestern Quebec following a financing that raised more than $2 million.

The company says six holes have cut a favorable zone up to 328 ft wide on the Chibougamau property although no assays are available yet.

Golden Rock plans to spend $1.3 million on exploration of this and other properties in northwestern Quebec. Drilling is expected to begin shortly on properties in Ligneris, Guyenne and Estrades twps.

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