Bradner set to drill promising Nevada Bet

After having uncovered sections of mineralization grading as high as 0.14 oz gold per ton within a large zone of silicification, Bradner Resources (VSE) says it will conduct a 5,000-ft reverse circulation drill program on the R.C. property in Pershing Cty., Nev. to delineate the size and grade of the zone. Gold Canyon Resources has an option to earn up to 50% of Bradner’s interest in the project by spending $250,000 by the end of 1989.

The property is located on the Homboldt Structural Lineament and is reported to be on strike with Pegasus Gold’s Florida Canyon Mine and the Standard mine, both the northwest, and the Willard deposit roughly three miles to the southwest.

A first phase exploration program consisting of stripping and geochemical sampling was recently completed on the property and Bradner says 241 surface rock chip and soil samples indicated significant gold (greater than 100 ppb) within the large zone. Additional pathfinder elements of arsenic and antimony outlined a zone 1,000 ft in width and 3,000 ft in length the company reports.

Robert Carrington, the Nevada consulting geologist who conducted the exploration program, says the surface geochemistry at R.C., when compared to other similar systems, “indicates higher concentrations of total gold at surface that have been found to date even at producing deposits.”