Six holes totalling 4,337 ft were drilled by Rea Gold Corp. (TSE) on its 29,500-acre Flap property located 20 miles west of Kelowna in south-central British Columbia. The company said the initial diamond drill program was designed to test the down-dip continuity of a quartz stockwork system where previous surface sampling of quartz vein material returned values ranging from 0.046 oz to 0.77 oz gold per ton. According to John Fisher, vice- president, the auriferous stockwork proved to be present in all six holes and returned values as high as 1.614 oz gold and 7.79 oz silver over 3 ft. Other values include: 1 ft of 0.734 oz gold; 2 ft of 0.235 oz and 1 ft of 0.21 oz gold.
Fisher said mineralization on the property appears to be within a 400 ft (true thickness) zone dipping at 70 to the southeast. Present dimensions of the zone containing the mineralization are reported as 800 x 1,200 ft with the zone open along strike and down-dip.
A recent geochemical and geophysical survey on the first 14,500 acres of the property produced several areas of interest, including a coincident IP and geochemical anomaly some two miles to the north of the present zone. Rea Gold plans to test this area in January, as well as a program of step-out holes on recent drilling.
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