Kingswood Explorations (ASE) has acquired an option to earn a 100% interest in a gold property straddling Bryce, Truac and Robillard twps., 5.5 km north of Heather Lake, Ont.
Based on recommendations from Excalibur International Consultants, Kingswood will begin drilling two geophysical (IP) anomalies on the 28-claim property immediately. The consultant has called for a 5-hole program.
Previous work uncovered a gold showing within a chloritic shear. Two grab samples from the showing returned 2.45 oz. and 0.14 oz. gold per ton.
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