According to Gold Canyon, drilling on the property to date has outlined a total of 5,779,000 tons grading 0.025 oz gold per ton. The gold is reported to be widespread and to accompany all stages of silicification as well as the later stage of hydrothermal alteration. The project also has a higher grade core containing 532,000 tons of 0.092 oz gold with some high grade sections running between 0.3 oz and 1.0 oz gold.
The drilling program is designed to further test the high grade core and to evaluate the known extensions of the larger, lower grade zone. The partners are expecting to develop further reserves at depth beyond the shallow drilling pattern (maximum 152 ft) or along strike extensions.
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