Grades holding up at Sultan’s Gold Mountain

Vancouver — Results from the first hole in a second round of drilling on the Kena gold property, near Nelson, B.C., have enhanced the bulk-tonnage potential of the Silver King porphyry.

Sultan Minerals (SUL-V) collared hole 5 about 50 metres west of the first three holes. In doing so, the company was targeting a small portion of the Gold Mountain zone, a soil anomaly that measures 2.1 km by 900 metres.

The hole cut 134 metres grading 11 grams gold per tonne at a down-hole depth of 8 metres. Included in this section were several higher-grade portions running up to 12.1 grams gold over 2 metres.

The initial holes, collared from the same drill pad, also intersected mineralization. Hole 1 cut an encouraging 106 metres grading 1.16 grams gold at 8 metres down-hole.

Hole 2 tested the zone directly below hole 1 and cut 40 metres averaging 1.22 grams gold at 6 metres down-hole. The final 1.7 metres returned 3.6 grams gold. Hole 3, drilled a little farther to the east than holes 1 and 2, was angled at 45. It hit 41 metres grading 1.66 grams gold from 8 metres down-hole. Both holes ended in mineralization.

About 120 metres to the east, hole 4 was drilled to the west-southwest and hit 58 metres grading 1.21 grams gold at 28 metres down-hole, including a 2-metre section that ran 16.3 grams gold.

The second round of drilling was designed to test the mineralization some 300 metres along strike with three holes. Assay results from the remaining two holes are pending.

The junior is eyeing a bulk-tonnage, open-pit target within the Silver King porphyry.