A decline ramp on the Hislop west property held by Goldpost Resource s is expected to be completed by year-end, the company says. Located in Hislop Twp., southeast of Matheson, Ont., the property also includes the New Kelore Mines ground which hosts drill- indicated reserves of 400,000 tons grading 0.17 oz gold per ton.
Upon completion of the decline, a 20,000-ft underground drilling program will begin. The program is designed to test several mineralized zones associated with the Gibson fault. Assay results are also expected shortly from nine drill holes which were completed on the New Kelore claims.
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