An 8-hole drill program financed by Canamax Resources on a property held under option from Glimmer Resources, has failed to intersect any significant gold mineralization, Glimmer says. Located in Barnet Twp., Ont., the property covers a shear zone striking for at least 350 m.
The drilling, which tested the zone at 50-m spacings, returned strongly altered sections of core but no economic gold values. Another five holes are out for assay.
A reverse circulation drill program has been started which will follow up several gold anomalies in overburden previously outlined on the property.
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