Drilling by
Trade Winds, which is earning a 60% interest in the property from
The drilling was meant to test for extensions of the M zone, to the east, in which Trade Winds is earning a half-interest from
Drilling on the M zone extension on Gowest’s ground intersected multiple zones of quartz veining in basalt flows and felsic dykes. Gold grades were highly variable, though one wedged hole featured several high-grade intersections, including:
— 11.2 grams gold per tonne over 2 metres;
— 9.3 grams gold over 1 metre;
— 13 grams gold over 1 metre;
— 37.4 grams gold over 1 metre; and
— 17.8 grams gold over 1 metre.
Further assays are pending.
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