A new reserve estimate has been prepared for the AT zone at Cathedral Gold Corp.’s (TSE) Porcher Island property 35 miles south of Prince Rupert, B.C. The latest estimate is based on 78 holes representing 40,000 ft of drilling of which 56 holes or 30,000 ft was completed in the AT zone.
Drill-indicated reserves now stand at 623,000 tons grading 0.2 oz gold (cut and diluted) over an average mining width of 11 ft. These occur within 330 ft of surface and along a strike length of 1,000 ft. The zone remains open to the west and also at depth.
A major drilling program is currently under way to test the continuity and strength of the mineralization to a depth of 1,000 ft. “The over-all objective of this program is to establish sufficient reserves within the AT zone required to support commercial production,” says Pierre Lebel, president.
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