Drilling is under way on the Peruvian “B” property, 200 km northwest of Goose Bay, Labrador.
Cartaway Container (ASE) is funding the program under an option that enables it to earn a half interest from Peruvian Gold (VSE).
The drilling is targeting a 900-metre-long-by-45-metre-wide, northeast-trending and steeply dipping magnetic conductor. In addition to drilling, the joint venture is conducting ground geophysical surveys near Harp Lake.
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