Mixed drill results from Spectrum

Mixed assay results were released by Eurus Resource (VSE) and partner Columbia Gold Mines (VSE) from ongoing drilling on the Spectrum property in northwestern British Columbia. Eurus is funding the current program after negotiating an agreement to earn a 50% interest in the property from Columbia Gold Mines (VSE) by spending a total of $8 million over the next four years. The first hole of this year’s program, 63, intersected 176 ft. averaging 0.1 oz. gold per ton plus 0.23% copper (T.N.M. July 15/91), which included 20.3 ft. of 0.71 oz. gold. This hole intersected both the Porphyry and QC vein structures. Hole 64 intersected 213 ft. (from 90-303 ft.) grading 0.02 oz. gold. Hole 65, which Eurus said appeared to have intersected the Porphyry zone but stopped short of the QC zone, returned 40 ft. of 0.04 oz. gold and 8 ft. of 0.11 oz. gold. Hole 66 is reported to have intersected both zones, and returned 30 ft. (from 223-253 ft.) grading 0.02 oz. gold, and 53 ft. (from 400-453 ft.) of 0.14 oz. gold which includes 10 ft. of 0.64 oz. gold. This hole also intersected 36 ft. grading 0.17 oz. gold (from 528-564 ft.), which includes 16 ft. of 0.35 oz. gold. Current work on the property includes continued diamond drill definition of the high-grade Porphyry and QC gold zones, surface prospecting and mapping.