Seabright feasibility

A preliminary feasibility study is being completed by Seabright Explorations (TSE) on the company’s Touquoy gold property in Nova Scotia. A 20,000-ton bulk sample is also being mined which will be processed at the Gays River mill owned by Westminer Canada, a subsidiary of Western Mining Corp.

Reserves at Touquoy total 1.1 million tonnes grading 2.4 g gold per tonne (0.069 oz gold per ton). The deposit, which remains open to the northeast, is possibly amenable to open pit mining and bulk mining underground.

At the Dufferin project, also in Nova Scotia, drilling has identified three stacked saddle reef zones hosting visible gold mineralization. All three reefs are open along strike.

Underground exploration via decline ramp on the Higgins project has been completed. A 1,200- tonne bulk sample, which was mined and milled at Gays River, returned a head grade of 7.5 g gold per tonne across a width of 1.2 m. Test stoping is planned for the future.

Seabright Explorations is not related to Seabright Resources which was purchased by Western Mining in 1987 for $92 million.


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