Baloil expands holdings around Sumit gold claims

The claims include the former Ore Hill mine which produced ore at an average grade of 0.7 oz gold per ton, plus silver lead and zinc from the same geologic structure found on Baloil’s Sumit property.

According to Baloil, the newly acquired Ore Hill claims fall on trend to the gold bearing stockwork zone discovered at Sumit last winter.

As a result of the acquisition, Baloil says it controls over 8,000 ft of strike length on trend with the Reeves limestone structure which hosts several base metal mines in southeastern British Columbia.

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