Calgary-based Goldbank Ventures (ASE) says that field work has started on the company’s Goldrun Creek gold-silver-copper project in northwestern British Columbia. Sutton Resources (VSE) can earn a 51% interest in the property by spending $1.05 million over three years. Previous work by Goldbank, the operator, has returned grab samples up to 0.24 oz. gold and 7.1 oz. silver per ton along with base metal values. The stratabound mineralization is hosted within a shallow dipping barite-tuff horizon which is underlain by highly altered felsic volcanic rocks.
An expanded soil geochemical survey has just been completed with detailed mapping and a geophysical (IP) survey under way. A minimum 1,000-metre diamond drilling program is also scheduled to begin this month.
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