Quebec-based
The 18-hole, 2,700-metre program will test three zones highlighted in past drilling. The main zone of interest lies along strike of a near-surface deposit of 5.3 million tonnes averaging 3.1 grams gold per tonne. The resource, calculated in mid-2001, is based on a cutoff grade of 1.71 grams.
Past results from the targeted zones include 13 metres running north of 2 grams and 44 metres carrying just over a gram. The gold is hosted by a granodiorite similar to the one hosting the deposit.
The drilling is budgeted at $250,000, which will be covered internally. Golden Goose expects to release its 2001 financial results in mid-May.
Be the first to comment on "Golden Goose drills Magino"