Good results at David/Lew

Drilling on the David/Lew project near Cranbrook, B.C., continues to return good gold values with the best hole, 90-43, intersecting 36 ft. grading 0.37 oz. gold per ton. The project is a 50-50 joint venture between Greenstone Resources (TSE) and operator, Dragoon Resources (VSE).

The new results include an additional four holes on the Main zone bringing the total to 14. Hole 90-42, one of the recent batch, returning an 11.8-ft. intersection grading 0.46 oz.

The Main zone has now been traced by drilling for 660 ft. and remains open to the north and south as well as to depth.

Robert McGowan, president of Dragoon, said hole 90-43 extends the dip-slope to about 300 ft. from surface, while hole 90-42 is about 100 ft. updip of that.

The zone is part of a series of northeast trending silicified gold2Dbearing shear zones which have been traced on surface for over three miles.

McGowan said the current drilling program should be completed by month-end, at which point the companies will assess the results to determine their next step.

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