Drilling on several properties held by Kinbauri Gold Corp. has yielded marginal results. On the company’s Morrisette property northeast of Kirkland Lake, Ont., one hole intersected a zone of anomalous gold values. The best assay was 0.02 oz gold per ton across 2 ft.
On the Bompas property, in Bompas Twp., west of Kirkland Lake, drilling intersected the continuation at depth of a zone carrying anomalous gold values. Near Perth, Ont., a program has delineated an area warranting additional work on the Peterwhite property. Additional flow-through share financing will be sought for 1987, the company says.
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