The companies report that a contract has been let for drilling the No 1 Chester zone on the property. Gold Bar will have earned a 20% interest after completing the drill program. A 60% interest is currently held by Alberta-listed junior Canadian Gold Resources.
The objective of the current work is to increase the known small tonnage of copper-gold mineralization on the property. The copper-gold values are hosted in a quartz vein system in granitic rocks.
The property is located about 94 miles north of Sudbury, Ont.
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