A new gold- bearing area called the East zone was located by X-Cal Resources (TSE) along a 1.5-km length of previously unexplored structure at its 100%-owned Snowbird gold project near Fort St. James, B.C.
According to Shawn Kennedy, president, percussion drilling and trenching along the new zone indicated widespread anomalous gold values. The winter program will now include diamond drilling along the new section. The near-surface East zone is located south of and displaced to the east of the Snowbird and North zones which will also be diamond drilled in the winter program.
The company said it is also encouraged by recent work in the area of the North zone which indicates the gold is not confined to the Main Alteration zone (host to the gold mineralization at Snowbird), but has also entered the adjoining sedimentary country rock. The company believes this work, combined with the new East zone discovery, implies considerable additional tonnage potential for the Snowbird project.
The southern half of the property also returned encouraging gold values from the percussion drill holes, however, X-Cal said it is too early to determine the significance of this third point of interest.
Although concealed by a layer of overburden, mineralization at Snowbird has been compared to the gold-antimony deposits of the Bralorne and Cassiar camps in British Columbia.
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