Preliminary exploration is under way on the Globe Canyon gold property in San Bernardino Cty., Calif.
Having completed soil and rock sampling, Golden Chief Resources (VSE) will carry out geophysical surveys in an attempt to outline drill targets. Previous grab samples returned gold and silver values as high as 1.75 oz. and 6.35 oz. per ton, respectively.
Meanwhile, the company is considering acquiring a 4,000-acre gold property (with an existing mill) in Nevada.
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