With results from the remaining holes now in hand, partners
The trio recently sank 17 holes, bringing to 21 the number completed since drilling began in the summer. Results from the final eight holes include the following:
— 21.3 grams per tonne over 0.24 metre of a 3-metre length of core (starting at 56 metres) that averaged 2.34 grams in hole 14;
— 1.9 grams over 0.82 metre (at 50 metres) in hole 15;
– 5.82 grams over 2.76 metres (at 94 metres) in hole 17;
— 2.15 grams over 0.22 metre (at 15.2 metres) in hole 20.
Drilling has been focused on the so-called A and B zones, each of which strikes for about 450 metres. One hole was collared at each of the C and D targets and two at the E target, between two earlier holes.
Mineralization appears to be structurally controlled (T.N.M., Nov. 21/03).
Drilling will renew when weather conditions permit.
Fury can earn a 37.5% interest in the property, which covers 5.3 sq. km in Urban Twp., about 500 metres north of the Urban Barry shear zone. The vendor, Alto, would be left with 12.5%, assuming Fury spends the required $380,000 by October 2005. The remaining stake is held by Noront.
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