Storimin Exploration says it will resume exploration immediately after breakup on its Moss Twp., Ont. gold prospect, about 70 miles west of Thunder Bay, where a 30,000-ft drill program has been completed.
The project is a joint venture with Tandem Resources.
Storimin President A. E. Storey says drilling to date has confirmed a mineralized zone striking northeast over a 2,300-ft distance. The zone dips 75degrees to the southeast and has a true width of from 5 to 20 ft.
Mr Storey says within this zone assay returns confirm ore with a grade of better than 0.17 oz gold per ton, over 1,400 ft, with a true width of 8 ft to an average depth of 750 ft.
Hole S-87-26, deepest drilled to date, intersected 0.702 oz over a 7-ft core length. The most recent intersection received to date, it indicates the presence of ore to a vertical depth of 950 ft, the Storimin executive said.
He adds parallel mineralized zones have also been indicated by the drill program but are not included in the current evaluation.
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