Two separate drill programs are being carried out this summer by Newhawk Gold Mines (TSE) on the Sulphurets property, 60 km north of Stewart, B.C.
Work on the 60%-owned Bruceside project is to focus on “bonanza grade” zones, which are moderate in size and related to quartz veins. The primary target on the wholly owned Snowfield project is a bulk-tonnage, disseminated gold deposit.
Work at Bruceside will include 12,500 ft. of drilling to test the SG, Tommyknocker and Galena Hill zones. Other targets will be tested as field results warrant.
The $1-million program is aimed at developing reserves near the West zone deposit where 826,000 tons grading 0.45 oz. gold and 18.8 oz. silver per ton have already been outlined. Granduc Mines (TSE) holds a 40% interest in Bruceside.
A $500,000 program on Snowfield will test a previously known structure for higher grades. The 8,200-ft. program is also aimed at expanding the zone to the southeast.
Previous work on Snowfield was focused on a zone calculated to have a geological resource of 7.5 million tons averaging 0.083 oz. gold per ton. Newhawk’s summer program will also include mapping and sampling on other zones located in the 1992 program. Those of economic interest will be drill-tested by at least one hole.
In April, Newhawk received its mine development certificate for Sulphurets which allows it to proceed to a third stage of permitting. It also certifies that Newhawk’s environmental statement has been approved.
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