Operators at the Golden Rule prospect in Arizona have exposed the property’s main vein on the second level.
Cochise Resources (ASE) says that although grade along the 270-ft. drift exposure is variable, it averages about 0.25 oz. gold per ton.
The work has confirmed the continuity of the vein below the first level and has developed an additional 6,000 tons of reserves.
Bottle tests to demonstrate the deposit’s amenability to leaching indicate recoveries ranging from 94.3-97%.
Possible reserves to the second level at Golden Rule are estimated to be 20,000 tons averaging 0.5 oz. gold, 1.5 oz. silver and 5% lead.
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