This year, Cumberland Resources (VSE) and Comaplex Minerals (TSE) plan to spend more than $3 million on their Meadowbank and Meliadine gold projects in the Northwest Territories.
Work on Meadowbank, situated 60 miles northwest of Baker Lake, will focus on the Goose Island, SGI and Y zones. Ownership of the property is split 60-40 between Cumberland and Comaplex.
Exploration, to begin in mid-March, will attempt to expand the zone along strike and at depth.
Drilling in 1991 on Goose Island returned encouraging values, including 9.5 ft. grading 9.29 oz. per ton, plus 8.9 ft. grading 0.34 oz. in hole 64; 27.2 ft. grading 0.36 oz., plus 57.8 ft. grading 0.38 oz. in hole 51; and 26 ft. grading 0.16 oz. in hole 52.
A 6,000-ft. program of 25 holes will include drill-testing of the SGI and Y zones. Depending on results, a second phase of drilling will follow. Meanwhile, more than 30,000 ft. of drilling is planned for the 50-50 owned Meliadine project. This program is expected to get under way in May.
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