A high grade section has been drilled by partners Jilbey Industries and Bay Resources and Services on the Fontana property in Duvernay Twp., Que. Hole 6 was spotted 1,600-ft northwest of the Fontana shaft. The hole cut a 9-ft section grading 1.09 oz gold per ton from a depth of 250 ft.
Three other step out holes from No. 6 intersected sections ranging between 5 ft-6 ft. These include hole 8 grading 0.137 oz gold and hole 9 which graded 0.229 oz gold. Hole 10 assayed 0.37 oz gold per ton.
Drilling on the Bunkhouse vein cut a 2.5-ft section grading 0.54 oz gold per ton. Bay has the right to earn a 75% interest in the property by spending $750,000 on exploration over a two-year period.
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