Ore body extended by Golden Hope, Golden Group

Recent drill results from the Estrades property in northwestern Quebec have “extended the main orebody laterally while concurrently establishing better continuity within the sulphides and gold deposit.” But joint venture partners Golden Hope Resources and Golden Group Explorations also concede that the implications of the results and their impact on reserves “has not yet been determined.

Three holes were recently reported including No 162 which returned 9.5 ft of 0.212 oz gold, 5.38 oz silver, 1.66% copper and 10.08% zinc. Hole No 163 averaged 0.278 oz gold plus 8.3 oz silver, 1.5% copper and 9.8% zinc over 2.1 ft; while No 164 returned 0.017 oz gold, 0.11 oz silver, 0.03% copper and 1.98% zinc over 3.5 ft. A few narrow intersections ranging from 1.3 to 2.2 ft were reported in two of the holes with encouraging precious and base metal values.


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