Redcorp tallies gold values at Hawk

Vancouver — Drilling by Redcorp Ventures (RDV-T) has returned encouraging values from the Hawk gold property in north-central British Columbia.

All 12 holes in the 1,500-metre program, which tested four veins, intersected the desired targets.

The best results came from the AD vein, previously drilled by Cypress Gold in 1990. Drilled on the same section as Cypress hole 1 (2.7 metres grading 12.4 grams gold and 4.5 grams silver per tonne), hole 6 cut 4.6 grams gold and 31.9 grams silver per tonne, plus 0.3% copper, over 4.5 metres (1.9 metres true width) at a down-hole depth of 104 metres, as well as 3.9 metres (1.6 metres true width) grading 8.6 grams gold, 35.4 grams silver and 1% copper at 119 metres down-hole. This marks the deepest intersection of the vein to date.

Mineralization is hosted in steeply dipping quartz-pyrite-hematite-chalcopyrite veins, breccias and quartz stockworks in a sericite-altered granite.

Five holes were collared on the newly discovered Zulu vein. Holes 8 through 10 tested the downdip extension of the surface mineralization that returned 46.5 grams gold and 42 grams silver over 0.6 metre. All three holes hit the vein, with the highest values coming from hole 9: 3.9 grams gold, 6.6 grams silver, and 0.9% copper over 0.7 metre at 63.9 metres down-hole.

Moving 60 metres to the east, where surface values yielded 4.9 grams gold and 1.2 grams silver over 1.5 metres, hole 11 cut 29.3 grams gold, 6.8 grams silver and 0.8% copper over 25 cm (20 cm true width).

Discovered earlier this year, the Zulu mineralization is hosted in a stockworked quartz zone in granite and can be traced for 450 metres along strike.

At the so-called Radio veins, five holes cut a series of narrow quartz-sulphide veins over a 1.3-km strike length. The best values came in hole 1, which yielded 18.8 grams gold, 7.4 grams silver and 1.6% copper over 21 cm.

Recent exploration on the 66-sq.-km property has identified yet another new vein system. Dubbed “Rainbow,” the target lies 200 metres south of the Zulu vein and has been traced for 315 metres along strike. Surface samples collected from the vein returned up to 18 grams gold and 39 grams silver over 0.8 metre.