Recent underground drilling by Vangold Resources (VSE) on the Iron Colt property near Rossland, B.C., intersected 41.7 ft. grading 0.11 oz. gold per ton from 47.6-89.3 ft.
The intersection includes an 8.2-ft. section grading 0.48 oz. gold. Vangold reports that this mineralization occurs 90 ft. downdip from a 6-ft. intersection grading 1.1 oz. gold.
An underground hole targeted outside the Iron Colt main vein returned anomalous values. More drilling is planned to further delineate the Iron Colt vein system which Vangold aims to bring into production.
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