X-Cal steps up drill program

A second diamond drill has allowed X-Cal Resources to step up drilling on its Snowbird gold- antimony property in central British Columbia’s Omineca district.

A detailed geophysical survey now in progress, which has extended the lateral extensions of the main zone currently being drilled, has revealed a parallel anomalous zone with a strike length exceeding 1,000 ft, located approximately 600 ft to the east of the main zone.

The parallel zone’s position coincides with an overburden-filled draw in which anomalous geochemical values for antimony and mercury occur.

The geophysical survey is being extended to other parts of the 5,500-acre Snowbird property. Planned by X-Cal is a program of overburden drilling for initial testing of other targets, along the large regional structure which may be revealed by the survey.

According to President Shawn Kennedy, recent drilling has prompted X-Cal to secure estimates of the cost involved in rehabilitating a 100-ft shaft sunk on the property in the 1940s. The rehabilitation would permit limited drifting and bulk sampling of the known gold-antimony mineralization at the bottom of the shaft.

Drilling completed last December indicated several high grade sections with visible gold.

X-Cal can earn a 100% interest in the property, which is optioned from Pipawa Resources, a private firm controlled by Dr Franc Joubin, subject to a 3% net smelter return payable to Pipawa.

Print

 

Republish this article

Be the first to comment on "X-Cal steps up drill program"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close