Last fall, the company reported the discovery of high grade lead- zinc mineralization from surface trenches on the CNE (Captain North Extension) property.
A recent series of shallow holes, drilled to establish the continuity, tonnage and grade of the sulphide mineralization, yielded assay results as follows:
Width Zinc Lead Copper Hole (ft) (%) (%) (%) 88-4 17.4 7.08 5.11 0.06 88-5 45.9 8.05 3.78 0.05 88-6 29.5 7.87 0.14 0.08 88-8 9.8 5.56 1.83 0.09
19.7 8.91 2.05 0.06
9.8 13.17 2.89 0.06 88-9 13.1 0.96 0.14 6.76 88-11 36.1 9.62 3.94 0.05
A total of 3,057 ft in 12 holes has been completed to date with an additional 1,300 ft in eight holes remaining in this season’s program.
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