Bonanza plans drill program

A drill program by Bonanza Silver (BZS-V) will test the Cornucopia Caldera project, northwest of Elko, Nev. As the company’s name implies, the program is aimed at finding “bonanza-grade epithermal silver, with a significant gold content.”

The reverse-circulation program will be carried out by Eklund Drilling, which has already completed roadwork and site preparation. The initial phase will consist of 9,000 ft. of drilling in 14 holes at an estimated cost of US$162,000.