Reg. Resources Corp. says it plans a drill program this year on its Silverknife claims. These claims are located in the Liard Mining Division in northern British Columbia, contiguous to the Regional Resources’ Midway and Silver Creek discovery (silver, lead, zinc).
Previous work completed by Reg on these claims in 1985 and 1986 resulted in discovery of a silver, lead, zinc zone.
The best intersections consisted of 29.23 oz silver and 17.31% lead/zinc combined over 14 ft.
According to Dr Gary Medford, consulting geologist, this zone may be expanded to approximately one million tons or more of near-surface mineralization by drilling along the geochemical anomalies.
This does not include several other geochemical anomalies present on the claims.
Reg says negotiations with interested companies to fund this project are now under way.
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