Drilled from the 2650-level of the mine, the hole intersected 37 ft grading 0.346 oz gold per ton. The true width is about 35 ft, a spokesman for High River Gold Mines (TSE) told The Northern Miner. High River owns the property in which Inco is earning a 50% interest by funding the project to production.
Following the completion of the exploration program within the next two months, Inco is expected to make a production decision in the third quarter. A feasibility study is in progress.
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