Ramrod drill-tests Sullivan-like target in B.C.

At the Vine property in southeastern British Columbia, Consolidated Ramrod Gold (TSE) is drill-testing a massive sulphide target believed to be similar to Cominco’s nearby Sullivan orebody.

Several holes at the Vine property intersected the Sullivan horizon in the past, including one, drilled in 1990, that intersected 11.1 ft. of massive sulphide mineralization grading 4.72% lead and 2.3% zinc, plus 1.04 oz. silver per ton. Another hole, drilled four years later, returned 3.5 ft. grading 5.2% lead, 4.4% zinc and 1.7 oz. silver.

Both holes intersected the sulphide horizon at a depth of 1,800 ft.

Downhole geophysics indicate the massive sulphide mineralization is continuous and that the main portion of the sulphide body appears to lie southwest of the two discovery holes.

Current drilling is expected to hit the target horizon at a depth of 1,600 ft.

Further drilling on the Vine vein system will attempt to expand the resource there.

Previous work outlined vein-style massive sulphide mineralization, including a proven resource of 264,000 tons grading 5.2% lead, 2.24% zinc, 1.96 oz. silver and 0.056 oz. gold, plus a probable resource of 337,000 tons grading 4.22% lead, 2.51% zinc, 1.16 oz. silver and 0.051 oz. gold.

Ramrod holds a 90% interest in the Vine property, with Cominco retaining a 10% interest and the right to back-in for 50%.