Located 20 km southwest of Cranbrook, the McNeil property is being explored for Sullivan-type base metals. The Sullivan mine, owned by Cominco Ltd., is one of Canada’s largest and best known zinc mines.
One of the best assays from the drill program was 18% combined lead-zinc and 2.6 oz silver per ton in a 3-ft section. The drilling was the first designed to test a series of mineralized shear zones striking for 1,000 ft and up to 16 ft in width. The shears are within a large 7,500-ft long geochemical anomaly.
Stratigraphic mapping by the companies has also identified the favorable Sullivan horizon. A deep drill hole to a depth of 2,785 ft intersected the horizon which displayed 106 ft of banded or bedded sulphides of lead and zinc — similar to that occuring at the Sullivan deposit 22 miles to the north. A second hole 2.1 miles southeast of the first, intersected the Sullivan-type geology at a depth of 900 ft. The 110-ft section of core was weakly mineralized, the partners say.
Additional drilling, to test the area between these two wide- spaced intersections, is expected to begin shortly.
Dragoon and Greenstone equally share a 100% interest in South Kootenay Goldfields, which holds the option to earn a 100% interest in the McNeil property.
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