Exploration on the Akie and Pie claims in northeastern British Columbia is returning encouraging results for partners Metall Mining (TSE) and Ecstall Mining (VSE).
Metall is earning a 60% interest in the claims from Ecstall by spending $1.5 million and paying $140,000 in option payments.
Recent drilling on the Akie claims returned promising massive sulphide intersections and work is continuing in an effort to test the discovery further.
Soil geochemical work on the Akie claims led to the discovery of the Cardiac zone during a program of mapping and prospecting along an anomalous trend. Grab samples from this zone, a high-grade outcrop of massive sulphides in a creek valley, returned values of up to 24.4% zinc, 4.7% lead, 6.3% barium and 33 grams silver per tonne.
Hole A-94-3, which tested the Cardiac zone 60 metres downdip from the outcrop, intersected 8.8 metres grading 3.4% barium, 0.5% lead, 2.7% zinc and 4 grams silver. Hole A-94-4 tested the zone a further 100 metres downdip from A-94-3, returning a 10.3-metre intersection grading 0.5% lead, 2.7% zinc and 6 grams silver. Hole A-94-5 reportedly intersected 14.3 metres of bedded pyrite, sphalerite and massive barite 400 metres north of Holes A-94-3 and A-94-4. Assay results for A-94-5 are pending.
Drilling is continuing on the Akie property in an effort to test the anomalous zones, as well as the depth and strike extent of the Cardiac zone. Nine additional claims, covering the projected strike extension of the zone, have also been staked and the joint venture plans to conduct further soil geochemistry.
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