Geddes pulls 61 ft on Windy Craggy

Geddes Resources (TSE) reports that a recently completed underground drill hole on its Windy Craggy property in northern British Columbia has intersected 60.8 ft grading 0.13 oz. gold, 0.10 oz silver and 0.62% copper per ton.

The hole, drilled vertically upward from an underground adit, is one in a series of fanned out holes in a 70,000-ft diamond drilling program currently in progress on the property.

The company believes the recent results are significant and says they confirm the existence of a gold zone first intersected from the surface in 1983. The original intersection in hole 83-14 contained 201 ft of cherty carbonate material assaying 0.30 oz gold per ton and included 77 ft grading 0.52 oz. Underground holes drilled earlier this year failed to repeat the 1983 results and returned only marginal gold values.

Underground drilling is being concentrated on three zones along a 1,600-ft strike length; the North and South Copper zones, and a central area known as the Gold zone. Although the extent of the Gold zone has not been determined by drilling, the company now considers it be an altered cherty carbonate horizon lying conformably on the underside of the South Copper zone.

With 37,000 ft of the current underground drilling program now complete, a crosscut is being driven into the South Copper zone to enable extraction of a bulk sample for metallurgical testing. A second drill is continuing to test sections of the North Copper zone.

The current program is expected to reach completion by year end.