A second stage drill program is planned shortly at Inter-Pacific Resource’s North Arm gold prospect 60 miles north of Brisbane, Queensland. The company notes that one promising target lies in the vicinity of hole NA-10 which ended in material grading 0.26 oz gold per ton. The North Arm mine had a modest production history of 30,000 oz gold until 1937. Gold was produced from high grade veins and there is now some open pit potential. Inter-Pacific can earn a 51% interest for an expenditure of $112,500.
Additional exploration work is planned on the Bonaparte property 30 miles north of Kamloops, B.C. The drilling and trenching program will attempt to extend existing vein structures. Hughes-Lang Corp. can earn a 50% interest in the Discovery zone by delivering an independent feasibility study.
Be the first to comment on "Drill program for Inter-Pacific"