Drilling is set to begin on the Run property near Coronation Gulf in the Northwest Territories.
Continental Pacific Resources (TSE) will follow up last year’s program on the Qaruik horizon, which returned massive sulphide intersections.
The 1995 drilling included a 20.6-ft. intersection grading 0.56% copper and 10.44% zinc, plus 2.45 oz. silver per ton. A stratigraphically lower horizon of massive sulphides returned values of up to 1.51% lead, 21.23% zinc, 10.07 oz. silver and 0.04 oz. gold.
The Qaruik horizon has been drill-tested over a strike length of 785 ft. and a depth of 390 ft. It remains open along strike and at depth.
Geophysical surveys have traced the Qaruik horizon for a strike length of roughly 6,500 ft.
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