Underground drilling at the Golden Bear mine in northwestern British Columbia continues to provide encouragement for Wheaton River Minerals (TSE) and North American Metals (TSE).
All surface and underground holes that were drilled to test the Grizzly zone have intersected mineralization, and the structure now has a known strike length of 400 metres, with a vertical extent of 200 metres. It remains open along strike and at depth.
Results from two deep underground holes, drilled in the northern portion, suggest the zone may have a high-grade core.
Hole 95-126, the deepest to date, returned an uncut assay of 25.2 grams gold per tonne over a true width of 16.9 metres. When cut to 34.28 grams per tonne, the intercept graded 17.3 grams.
Hole 95-127, drilled 50 metres north of the Grizzly discovery hole, returned an assay of 15.6 grams across a true width of 10.5 metres.
This high-grade portion of the zone now has a known strike length of 150 metres. It too remains open along strike and at depth.
Wheaton and North American Metals (Wheaton’s 81%-owned subsidiary which owns the Golden Bear) will continue drilling until the end of February. Drilling will resume later this June when the camp re-opens and construction begins on the Kodiak heap-leach mine.
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