Teck Corp. (TSE) can earn a 50% interest in the property by spending $1 million on exploration over three years, subject to a 3% net smelter ro yalty.
Highlights from the most recent drilling results are as follows: WidthGrade Hole(ft)(oz/t) 212.10.121 315.00.129 4 8.80.112 5 4.70.100 6.00.144 9 9.30.455 1215.50.133 13 5.00.121 15 4.00.107
Ground geophysical surveys are currently under way to explore for additonal gold-bearing structures. A number of geophysical conductors on the prop erty remain to be tested, and more drill results are expected soon, the company said.
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