Decline into 21B zone on target at Eskay Creek

The underground exploration program at the Eskay Creek property owned jointly by Prime Resources Group (VSE) and Stikine Resources (VSE) is proceeding as planned, according to Prime. The primary objective of the program is to complete a 5,000-ft.-long decline into the 21B deposit in order to obtain a bulk sample for metallurgical testing.

The decline has advanced 1,500 ft. and is presently within 150 ft. of the initial crosscut into the 21B zone. Engineers from Corona (TSE), a major shareholder of Prime and the operator of the decline program, have reported that ground conditions encountered to date have been good.

The decline has intersected both the Pumphouse Lake Footwall zone and Contact zone on its drive to the 21B zone. Detailed panel and channel sampling on the two zones is under way.

Ongoing stepout and infill drilling on the property continues to churn out heart stopping assay results which have become commonplace for the now famous property in northwestern British Columbia.

Some of the better results include hole CA90-431 at section 5+50N, which intersected 49 ft. grading 2.6 oz. gold and 97 oz. silver per ton, and hole CA90-650 at section 9+25N which intersected 53 ft. grading 1.4 oz. gold and 112 oz. silver.

To date over 450,000 ft. of drilling have been completed on the Eskay Creek property in 664 infill and stepout holes.