The Vancouver-based junior said a number of polymetallic and precious metal targets have been defined for next season’s detailed drilling programs on the 100%- owned properties.
An important focus will be the 115,238-acre land package in the Anialik River/High Lake volcanic belt, favorably situated near tidewater at Coronation Gulf. The company said 20 major mineral occurrences were discovered to date, including several high-grade massive sulphide (copper-zinc) targets.
A number of companies are also active in this area. Continental Pacific’s claims are adjacent to the High Lake deposit (Rio Tinto Zinc), reported to host 6.2 million tons grading 3.5% copper, 2.6% zinc and 0.023 oz gold.
Additional drilling is also planned for the Lark polymetallic deposit within Continental Pacific’s 32,000-acre land package in the Payne Lake/Beaulieu River volcanic belt. The Lark deposit is 15 km southeast of the Sunrise polymetallic deposit held in a joint venture involving Aber Resources, Hemisphere Development and Noranda Exploration.
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