A drilling program recently commenced on the Hinson gold project, about three miles southwest of Jefferson, S.C.
Pulse Resources (VSE) can earn a 100% interest in the property by making cash payments totalling US$31,400 and issuing 200,000 shares to Garrison Gold.
The company plans to drill a minimum of 30 holes to test a number of geophysical anomalies identified below the overburden which covers much of the property.
The property is underlain by the same sequence of rocks that host the adjacent Brewer gold mine owned by Westmont Mining, and the Haile gold mine owned by Piedmont Mining about six miles to the southwest.
The holes will be drilled on a 250-ft. grid within the 1,600×1,200-ft. anomalous area.
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