Two showings, the Morgan and Princess, have been sampled. The company says extensive carbonization has been observed along strike of the veins, suggesting the presence of further parallel zones or extensions to the known showings.
Subject to regulatory approval, the property will be joint ventured with Glen Auden Resources (TSE), with the companies to split exploration costs on a 50/50 basis.
Golden Dragon and Glen Auden are already joint-venture partners on property situated 3 miles to the west, on a 415-claim group covering another segment of the Empire fault.
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