Southwestern to drill at Jessup

A 5,000-ft. program is about to begin at the Jessup property of Southwestern Gold (VSE).

The property, 75 miles northeast of Reno, Nev., contains seven separate gold zones and numerous gold occurrences along a northwest-southeast-striking lineament.

Drilling on three of the zones last year returned gold-silver intersections, the best results being in the San Jacinto South zone.

Hole 4 intersected 135 ft., from 115 ft. to 250 ft., grading 0.092 oz. gold and 2.9 oz. silver per ton, including an 80-ft. section at 0.15 oz. gold and 4.5 oz. silver.

Hole 13, on the same zone, returned a 145-ft. intersection grading 0.075 oz. gold and 0.38 oz. silver, including 100 ft. at 0.10 oz. gold and 0.52 oz. silver.

The mineralization is open to depth and along strike in all three zones. The drilling is intended to extend the zones and test the Jessup North area where surface chip-sampling over a 25×25-ft. area returned an average of 0.16 oz. gold.