Casino drilling to escalate

With four rigs already turning at the Casino property in the southern Yukon, Pacific Sentinel Gold (VSE) is planning to mobilize at least one more to the property in June.

The drilling is part of a $7.2-million program to determine the size and grade of a large copper-gold-molybdenum deposit which was partly drilled-off in the 1970s.

Consultants Archer, Cathro and Associates have calculated a preliminary inventory of 417 million tons grading 0.30% copper, 0.025% molybdenum and 0.01 oz. gold per ton. The estimate is based on 37,000 ft. of small-diameter (BQ) diamond drilling and 14,000 ft. of larger-diameter rotary drilling in the 1970s.

Drilling last year, including 21 larger-diameter holes totaling 15,500 ft., returned significantly higher assays for all three metals.

The large-diameter drilling completed to date (excluding Hole 93-148) covers an area measuring about 3,000 ft. east-west by 2,000 ft. north-south. Hole 93-148 stepped-out about 1,250 ft. to the west of the area. Results from the first seven holes of the 1993 program are as follows: Hole Zone Interval Width Copper Gold Molybdenum

(ft.) (ft.) (%) (oz./ton) (%)

93-144 Leached cap 47-76.00 29 0.13 0.004 0.008

Supergene 76-1170. 41 0.47 0.008 0.016

Supergene & hypogene 76-1,282 1,206 0.34 0.009 0.025

93-145 Leached cap 7-3170. 310 0.09 0.011 0.066

Supergene 317-4560. 139 1.02 0.020 0.089

Supergene & hypogene 317-1,497 1,180 0.34 0.013 0.089

93-146 Leached cap 26-9220. 66 0.06 0.010 0.062

Supergene 92-2300. 138 0.64 0.017 0.116

Supergene & hypogene 92-1,147 1,055 0.31 0.012 0.069

93-147 Leached cap 8-3520. 344 0.06 0.018 0.042

Supergene 352-5270. 175 0.60 0.026 0.064

Supergene & hypogene 352-1,637 1,285 0.30 0.012 0.050

93-148 Leached cap 10-1870. 177 0.05 0.006 0.032

Supergene 187-2930. 106 0.37 0.008 0.033

Supergene & hypogene 187-1,227 1,040 0.25 0.009 0.035

93-149 Leached cap 22-1810. 159 0.07 0.005 0.024

Supergene 181-4670. 286 0.24 0.004 0.026

Supergene & hypogene 181-2,285 2,104 0.23 0.006 0.016

93-150 Leached cap 8-4570. 449 0.06 0.021 0.048

Supergene 457-6610. 204 0.48 0.018 0.023

Supergene & hypogene 457-1,657 1,200 0.23 0.010 0.053

Print

 

Republish this article

Be the first to comment on "Casino drilling to escalate"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close