Inco Gold, a wholly-owned affiliate of Inco Ltd. (TSE), has recommended a 5,000-m drill program for the Vault project shared with Seven Mile High Resources (VSE). Located in British Columbia, the Vault property requires detailed drilling before a reserve calculation can be estimated. One of the better sections previously completed cut 44 ft grading 0.298 oz gold per ton.
Based on the results from the current drill program, Inco will consider a $1.9 million underground exploration program sometime in 1989. Inco and Seven Mile share the property 60% and 40% respectively.
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