A 10,000-ft. drill program will begin in mid-September on the Sterling mine property, 120 miles north of Las Vegas, Nev. The program is aimed at testing an area outside current reserves that is considered prospective for a large gold discovery.
The Sterling mine is owned 52% by Cathedral Gold (TSE), 10% by a partnership managed by Imperial Metals (TSE) and 38% by a private company, Saga Exploration.
More than 100,000 oz. have already been produced at Sterling, and the current preliminary reserve represents a further 136,000 oz.
Cathedral’s exploration this summer confirmed that major north-south fault structures, about 1,000 ft. east of the current underground mining (and not systematically tested by previous exploration), are gold mineralized. “The combined gold production and reserves at Sterling indicate a strong gold mineralizing system,” Cathedral President Michael Jones says. “The size of the untested structures near this gold system points toward the excellent potential of the upcoming drill program.”
Be the first to comment on "Drilling planned at Sterling mine"