Six drills active on Ramrod projects

At least six drilling rigs are now active on various properties held by Consolidated Ramrod Gold (TSE) in western North America and Mexico.

Among the more recent programs to get under way is a 2,000-metre drill program by Minnova (TSE) on Ramrod’s Horn lead-zinc property located about 14 km southwest of Cominco’s Sullivan mine in southern British Columbia. This program, aimed at finding a Sullivan-type massive sulphide deposit, will begin by testing a lead-zinc-tin anomaly 1.2 km in length. Minnova will also drill test Pulse EM conductors, associated with fragmental rocks, located on the West claims of the property.

Minnova has an option to earn 50% of the Horn property by spending $1.5 million on exploration and development by the end of 1994.

In a separate venture, Ramrod can earn a 60% interest in Chapleau Resources’ (VSE) Jor property 25 km west of Kimberley, by spending $300,000 on exploration before mid-1995. The property is accessible by good logging roads. The claims cover 4 km of the projected trace of a bedded, massive sulphide horizon believed to be similar to beds of sulphides which mark the distal edge of the Sullivan mine.

Drilling has started on the Leg property near Creston, B.C., which covers a stratiform zinc and minor lead occurrence hosted in clastic sediments. Ramrod owns 27 of the claims, and has an option to earn a 50% interest in 13 others. This project was previously explored by Kokanee Explorations, now part of Consolidated Ramrod.

A drilling program is also under way on Ramrod’s Arc lead-zinc-silver property in the Kootenay Lake region. The goal of this program is to determine the source of high-grade massive sulphide float boulders. The target here is a massive sulphide deposit of about 4-10 million tonnes.