Two diamond drill holes were recently completed by Big Creek Resources (VSE) at its 100% owned Cash property 70 miles from Carmacks in south-central Yukon.
The property was previously explored in the mid-1970s, when 20 shallow diamond drill holes tested a porphyry copper-molybdenum-gold target. The mineralized area measures 10,000×3,000 ft., and is open on three sides.
Big Creek said the first hole was drilled down a post-mineralization fault and had to be abandoned at a depth of 470 ft. The hole returned 448 ft. (from 22-470 ft.) grading 0.22% copper, 0.020% molybdenum and 0.005 oz. gold per ton.
The second hole, 3,750 to the east, was completed to its target depth of 800 ft. and returned a 770-ft. interval (from 30-800 ft.) grading 0.21% copper, 0.015% molybdenum and 0.004 oz. gold.
Big Creek believes the property warrants an aggressive exploration program, and is currently negotiating an option agreement with a major mining company.
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