Vancouver — The second drill hole on the Megabuck zone at the Woodjam project, near Williams Lake, B.C., has encountered significant porphyry copper and gold mineralization. The project is jointly held by
Drill hole 33, a 50-metre stepout collared north of discovery hole 32, cut a wide zone of copper and gold in the Megabuck zone, proving the project is much more than a one-hole-wonder. Results include the following:
— Hole 33 — 268 metres (essentially from surface) grading 0.09% copper and 0.62 gram gold per tonne, including a 202-metre section of 0.1% copper and 0.71 gram gold;
— Hole 35 — 294 metres (from surface) grading 0.07% copper and 0.45 grams gold, with the top 144 metres assaying 0.1% copper and 0.66 gram gold;
— Hole 36 — 219 metres (from surface) grading 0.04% copper and 0.3 gram gold, including 60 metres of 0.08% copper and 0.54 gram gold.
Also, discovery hole 32 was extended from 365 metres to 543 metres, with another 17 metres of significant copper-gold mineralization encountered (to 382 metres) followed by elevated metal values and potassic, silicic and clay alteration to the bottom of the hole.
The initial phase of drilling has thus far indicated a significant copper-gold system at the Megabuck zone. Based on the limited drilling, the mineralized body has an irregular, tabular geometry, and is more than 100 metres thick and open along strike and to a depth of at least 300 metres. The Megabuck zone is coincident with the western end of a 2-km-long induced-polarization anomaly.
A second phase of drilling, consisting of about 2,000 metres in 6-8 holes, is about to begin.
Following the July release of the results from discovery hole 32, Fjordland inked a deal with
Be the first to comment on "Fjordland drilling boosts Woodjam"