Placer Dome expands programs on two International Curator plays in

The focus of the initial drilling this season was to expand reserves by drilling downdip and along strike.

Michael McInnis, president of International Curator, reports that visual examination suggests the vein system has been extended an additional 600 ft to the northwest and substantially at depth, with visible gold noted in several holes.

The only hole for which assays have been received to date is hole 59, some 200 ft north of the fence of holes drilled in 1988. Results include a 24-ft true width grading 0.867 oz gold and additional assays are expected shortly.

Placer Dome is targeting the Jualin Main Zone in its next phase of drilling in an effort to extend the mineralization further to the north and downdip. The Berners Tunnel target, about two miles south of the Main zone, will be also tested.

Since acquiring the rights to the Jualin property in 1987, International Curator and other parties have spent over $3 million on mapping, drilling and the construction of an all-weather road from Berners Bay to the drill site.

On the exploration front, Placer Dome is expanding its program on International Curator’s Dream massive sulphide project to include 2,000 ft of diamond drilling.

The Dream property is 55 miles north of Juneau, adjacent to tidewater on Lynn Canal.

Geological mapping and sampling completed earlier this season indicated several encouraging showings. One of these, the Stinging Cliffs zinc-gold zone, will be a drill target, along with the Discovery Zone, a stratabound gold-cobalt zone associated with arsenopyrite layers. Placer Dome has an option to earn a 60% interest in the Dream property by spending $2 mill ion over three years. It can earn a 50% interest in the Juneau property by spending $7 million over three years.

]]>