Nordac is encouraged by drilling, trenching on Yukon joint venture

Encouraging results are reported by Nordac Mining Corp. on the Goldstar gold property on Mt. Freegold, in central Yukon.

Nordac is in a joint venture on the property (66 2/3%), with Rexford Minerals, (33 1/3%).

Four of five shallow drill holes testing the open pit potential of one of the zones on the property — the Marguerite — returned intercepts ranging from 20 ft at a grade of 0.14 oz gold per ton, to 5 ft of 0.15 oz.

As well, says Nordac President James Stephen, bulldozing on the Augusta zone about 2,000 ft southeast of the Marguerite drill area exposed a new vein that appears to be an extension of the Marguerite zone.

Initial trench sampling across the 6.5-ft wide vein assayed 10.27 oz gold per ton, and 3 oz silver. A second sample across the same exposure returned 3 oz gold.

A second trench located 50 ft along strike intersected 0.57 oz gold across 7.6 ft., Mr Stephen said.

The new zone is currently being drill tested.