Exploration programs totalling $1.6 million were approved for the 1993 field season on two Sulphurets properties in northwestern British Columbia. About $1.1 million will be spent on the Bruceside property owned 60% by operator Newhawk Gold Mines (TSE) and 40% by Granduc Mines (TSE).
Previous work on the Bruceside property located over 40 zones of gold-silver mineralization, including the West zone where preliminary reserves total 826,000 tons averaging 0.45 oz. gold and 18.8 oz. silver per ton.
This year’s work will involve a 12,000-ft. drill program aimed at testing several new zones discovered in 1992, as well as prospecting of potentially favorable unexplored ground.
A $500,000 program was proposed for Newhawk’s 100% owned Snowfield property adjacent to the north of the Bruceside property. Previous work outlined a preliminary resource of about seven million tons grading 0.075 oz. gold. This year’s drill program will test the downdip extension of the zone.
Be the first to comment on "More drilling planned for Sulphurets properties"