A drill program operated by Total Energold (TSE) at the Cassiar gold project in northern British Columbia is returning encouraging results for Total and partner, Cusac Industries (TSE). Total is drilling the Bain vein on a portion of the Cassiar property where Cusac holds a 30% net profits interest. The vein is a 1989 discovery on the property which several years ago contributed reserves to Total’s Erickson 300-ton-per-day mine. The drill program is aimed at outlining sufficient reserves to justify the resumption of mining.
Recent drilling extended the strike length of the vein to 2,300 ft. A recent hole returned 4.5 ft. grading 1.52 oz. gold and 2.14 oz. silver per ton, while another 130 ft. of this intersected 7.2 ft. of wide quartz vein (assays are pending).
Drilling is continuing to the east on 130-ft. stepouts.
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