Golden Terrace drilling Timmins DeSantis property

Drilling has traced the 733-west gold zone for a strike length of 800 ft and to a depth of 900 ft. The zone is hosted within a 200-ft wide quartz-tourmaline-carbonate alteration envelope.

Highlights compiled from drill results along a 600-ft strike length are as follows: Hole Width Grade Section (ft) (oz/t) 3+00W 89-07 5.4 0.33 5+00W 85-19 15.7 0.14 5+50W H-15 3.9 0.38 6+00W 80-10 23.7 0.20

H-19 21.0 0.15 7+50W 80-17 17.7 0.29 9+00W 89-03 5.1 0.13

Garry Smith, president of Golden Terrace, says that step-out drilling to the west has discovered an altered quartz-feldspar porphyry over widths of 200 ft, with initial grab samples assaying 0.23 oz gold per ton.

Golden Terrace can earn a 50% interest in the property by spending $2 million on exploration over the next two years.

]]>