Reverse-circulation drilling resulted in intercepts as wide as 95 ft. grading 0.4 oz. per ton. In another hole, 80 ft. graded 0.3 oz. per ton and two holes cut 60-ft. intercepts — one grading 0.42 oz. per ton and another, 0.33 oz.
Fifty-eight holes (45,000 ft.) were drilled. Twenty holes cut grades of at least 0.15 oz. per ton over widths of 5-95 ft. Apart from the four holes listed above, five holes cut grades of 0.3-0.45 oz. per ton over 10-40 ft.
The Starvation Canyon area has been tested over a 2,000-ft. strike length and is still open along strike. The mineralized zone is between 200 and 400 ft. wide and strikes northwest; it is crosscut at right angles by numerous faults.
Gold enrichment is found in pods at the intersection between northwestern and northeastern structures, particularly in specific stratigraphic units. Northwest structures often host mafic dykes.
High-grade gold is associated with carbonate alteration and local argillization and silicification. Geological mapping and geochemical sampling have been carried out along known mineralized trends.
The zone is in an area of steep topography, above the canyon floor. The company is hopeful the mineralized zone will follow the same northwest-trending structure that can be traced over a distance of at least 4.5 miles.
The Jerritt Canyon property encompasses 100 sq. miles and hosts four producing underground mines that provide feed for one milling facility.
A year ago, proven and probable reserves were estimated to be 2.6 million tons grading of 0.3 oz. per ton.
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