X-Cal drilling on Snowbird bet

A 10-hole, 3,000-ft diamond drilling program has been completed on the Snowbird property in the Omineca mining district of B.C. by X-Cal Resources.

The drill program indicates that the Snowbird gold/antimony deposit is open at depth and along strike to the north and south. Current drilling has added 100 vertical ft of depth and 500 ft of strike length to the main vein.

Drill holes were spaced at 100-ft intervals along strike and intersected the mineralized alteration zone in each case.

The drilling has so far shown that the deposit consists of a set of narrow parallel veins set into an alteration zone which varies from 20 to 60 ft in width.

Areas of elevated gold values were discoverd in holes 2, 6 and 7 with a high grade zone of visible gold occurring in hole No 6.

The drilling results are currently being reviewed. A detailed report is expected by mid-January.

X-Cal can earn a 100% interest in the property which it has under option from Pipawa Explorations, a private company controlled by Franc R. Joubin.

X-Cal has agreed to carry out $320,000 of work on the property over a 5-year period (or less) to earn a 100% interest in the claims, with a 3% net smelter interest to be retained by Pipawa.