Hillsborough completes program at Mount Slocomb

An aggressive exploration approach is being taken by Hillsborough Resources (TSE) on its Mount Slocomb property in northern British Columbia.

The company recently completed a field program under the direction of Derry, Michener, Booth & Wahl on its 15,000-hectare property located 65 km north of the Toodoggone mining district. The intensive 1988 program included airborne magnetic and VLF surveys, stream sediment sampling, soil sampling, and detailed channel sampling.

Seven targets for future drilling were identified on the property, where gossan zones up to 12 m thick have been encountered. Early results have yielded assays up to 10% zinc, 0.05% copper, and 0.10 oz gold per ton.

Hillsborough acquired the Mount Slocomb property by staking and is interested in the remote area because of its overlooked potential for polymetallic deposits.

A follow-up program is planned for next summer and is expected to involve 5,000 m of drilling, as well as mapping, sampling, and geochemistry.

The mineral exploration arm of Hillsborough Resources is a relatively new entity created in 1987 and currently has several projects under review.

Hillsborough Resources’ mine development division is well known in the mining industry for its engineering, design and underground mine contracting services. The company’s flourishing contracting business achieved record revenues of nearly $28 million in 1987.