Vancouver — Favourable results from the first four holes into the Gold Mountain zone have prompted Sultan Minerals (SUL-V) to drill another three holes into the bulk-tonnage target on the Kena gold property near Nelson in southeastern British Columbia.
The first four holes tested a 120-metre portion of a gold-in-soil anomaly that measures 2.1 metres by 900 metres and marks the Gold Mountain anomaly.
Holes 1 through 3 were collared from the same drill pad and returned up to 106 metres grading 1.16 grams gold.
Moving 120 metres to the east, hole 4 hit 58 metres grading 1.21 grams gold from 28 metres down-hole, including a 2-metre section that ran 16.3 grams gold. However, the structures hit were running up the core axis, suggesting that the hole was drilled in the downdip direction of the mineralization.
The junior has launched a second-round, 500-metre drill program, aiming to extend the mineralization along strike by up to 300 metres.
Sultan is eyeing a bulk-tonnage, open-pit target within the Silver King Porphyry.
At the nearby Kena gold zone, drilling was conducted by several exploration companies between 1981 and 1991. Last year, Sultan re-logged 2,500 metres of historical core and identified two sets of crosscutting features.
The first feature consists of veinlets and fractures which trend perpendicular to the foliation direction.
A second feature, consisting of pyrite-chalcopyrite bands, is interpreted to dip in a direction opposite to the regional contacts.
According to the company, previous drilling cut wide intersections of low-grade gold mineralization, ranging from 0.5 gram to 1 gram gold.
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