Drill Results from Jualin Property

With 23 drill holes completed to date on the Jualin property north of Juneau, Alaska, International Curator Resources (VSE) says observation of drill core reveals that veins and stockwork zones were encountered in all holes that were completed to their planned depth. A few holes encountered old workings and were terminated. The company says results outlined a probable and possible mineral inventory of 1,191,628 tons grading 0.236 oz gold per ton, with the deposit still open in all directions.

Results from recent drilling include: 11 ft of 0.127 oz gold; 28 ft of 0.29 oz (cut from 1.17 oz); 11.3 ft of 0.30 oz (cut from 0.81 oz) and 7.1 ft of 0.4 6 oz (cut from 0.86 oz).

Elsewhere on the property, reconnaissance prospecting has located a new vein called the Big Lake, which has been traced intermittently in outcrop for 3000 ft and is as much as 6 ft wide. International Curator says assays of 21 grab samples and chip samples collected from over 1200 ft of strike length ranged from 0.067 to 2.326 oz gold with an arithmetical average of 0.445 oz gold.

“This vein appears to have significant promise,” says Mike McInnis, president, who adds that further work is planned to further evaluate the vein.

The new vein is found about one mile to the southeast of the Jualin vein system which consists of at least five parallel quartz vein within the northwesterly trending Jualin shear zone. The gold deposits at Jualin are contained within the shear zone which has been traced for about 10,000 ft along strike.

Granges Exploration (TSE), which holds a 32.5% interest in International Curator, can acquire a 50% interest in the Jualin property by providing all funds necessary to develop reserves and bring the property to feasibility by 1990.