Cathedral fleshing out Hicks

Drilling on the Kaburi-Eldorado property in Guyana continues to confirm the continuity of gold mineralization within the Hicks zone, according to project owner Cathedral Gold (TSE).

Drilling to date has traced the Hicks zone for about 2 km on a 100-metre spacing.

Hole 95-44 returned 6 metres grading 5 grams gold per tonne plus 12.3 metres grading 2.08 grams, while hole 95-45 returned 23.9 metres grading 1.37 grams. Both holes were drilled 50 metres between holes 94-9 (20.3 metres grading 1.74 grams plus 10.1 metres grading 2.7 grams) and 94-23 (15 metres grading 2.27 grams plus 9.5 metres grading 3.53 grams).

Hole 95-50, an infill hole drilled toward the northern end of the zone, intersected several intervals, including 7.1 metres grading 3.43 grams. Further infill drilling will define and follow up previous high-grade intersections, including hole 94-5, drilled 60 metres to the north, which returned a 3.4-metre interval grading 18.11 grams.

Drilling is also under way below the Eldorado pit, where production of about 90 tonnes yielded 31 grams of gold. Previous attempts at drilling below the pit were unsuccessful as a result of problems related to overburden; Cathedral reports that a hole is now in bedrock below the pit.

Several other parallel zones of gold mineralization have been identified on the Kaburi-Eldorado property, and follow-up drilling is imminent.

Further work is also planned on the Tallman property, about 9 km north of the Hicks zone. Cathedral holds an option to earn a 90% interest in the deposit, where preliminary surface work has outlined a structure measuring at least 50 metres wide and more than 600 metres long. Visible gold is contained in narrow quartz veins.

Sampling in the Tallman pit returned high-grade values across the 100 metres of exposed strike in the workings. The main quartz vein averages 1-1.5 metres in thickness and returned an average grade of 114.1 grams gold. It is part of a series of stacked, shallowly dipping quartz veins within a vertical fault structure. A vein situated 5 metres above the high-grade vein returned an average grade of 3.68 grams over 4 metres.

Drill-testing will be carried out shortly.