Preparations for a 5,000-ft. drill program are now in progress on the Katie property, a porphyry copper-gold prospect owned by Yellowjacket Resources (VSE) near Salmo, B.C.
The program is being carried out by a unit of Noranda (TSE) which can acquire a 51% interest in the property.
The 1990 program returned several wide intersections of relatively low-grade copper-gold-silver mineralization. The initial 1991 program will consist of six holes to step out from the central core of high magnetics and I.P. chargeability to test zones of moderate responses.
A further soil geochemical survey will also be done north of the existing grid to complete geochemical coverage of the property.
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