Drilling on the Golden West property has been delayed by Pacific Sentinel Gold (VSE) until it completes a surface exploration program on 222 newly acquired claims surrounding the Arizona gold project. Once the surface work is completed, Chairman Robert Hunter said all gold zones on the combined properties will be “efficiently and simultaneously” drill tested.
The recent acquisition from Arizona Chemical increases the Golden West project’s claim holdings to 348 claims covering 11 square miles of an extensive “detachment fault type” gold system where the target is large-scale, open pit gold deposits. This combined land package in La Paz Cty., will be held 50% by Pacific Sentinel, and 25% each by PIC Prospectors International (VSE) and Almaden Resources (VSE).
Surface work has already been completed on the initial Golden West property which is now ready for drilling. The target is a 500×2,500 ft. gold soil anomaly centred on 370 ft. of underground tunnelling, which averages 0.062 oz. gold per ton over its entire length.
Pacific Sentinel reported that numerous ore-grade exposures occur on surface, and the company has observed several “spectacular” native gold occurrences within this gold shatter zone.
The adjoining Arizona Chemical property is reported to host several other comparable gold targets, and surface surveys are already under way to ready these new zones for drilling. To earn a 100% undivided interest in this property, Pacific Sentinel must make annual property payments of US$75,000 and incur property expenditures of US$2.7 million within four years. Arizona Chemical will retain a variable percentage net smelter return royalty.
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