A wildcat hole on the Golden Bear property in northwestern British Columbia has returned a 4.6-metre intersection grading 7.9 grams gold per tonne, report partners Wheaton River Minerals (WRM-T) and North American Metals (NAM-V).
The hole was collared along the 5-km-long Limestone Creek fault, thought to be a mirror image of the structure that hosts all of the known deposits at Golden Bear. Previous exploration attempts along the Limestone Creek fault were hampered by a deep layer of overburden.
The partners intend to begin follow-up work on the discovery immediately.
Meanwhile, infill drilling on the Kodiak B deposit at Golden Bear has boosted the probable geological reserve to 278,112 tonnes grading 8.6 grams gold. But a deep hole to test depth extensions of the deposit failed to intersect significant mineralization.
Be the first to comment on "Wheaton hits zone at Golden Bear"