Radcliffe Resources says exploration is progressing on the company’s Bam gold prospect, in northwestern B.C.
Radcliffe’s property is located approximately 100 miles north of Stewart, B.C. and is approximately midway between North American Metal’s Golden Bear deposit to the north and Skyline’s Stonehouse deposit, (now in development) to the south.
The 1987 Bam program is a follow-up to 1986 hand trenching that revealed 62 ft of 0.24 oz gold per ton and 10 ft of 0.73 oz gold per ton.
A camp has been established on the property. A backhoe has been active for two weeks and has opened up a large area for geoligical examination. Sampling of the trenches is under way and the first samples will be shipped out shortly for assay.
Drilling is planned to start in mid-August.
On the Independence property, located in northeastern Nevada, drilling will recommence after completion of the public financing, which is expected imminently. This drilling is a follow-up to a first phase drill program that included 100 ft of 0.49 oz gold per ton in near surface oxidized material.
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