Junior Calais Resources (VSE) will launch a 4,000-ft. drill program on its 51% owned White Caps gold property near Manhattan, Nev.
Several targets were identified from a controlled-source audio magneto-telluric survey which coincided with previously outlined geochemical anomalies.
In addition, the company plans to drill six holes on its Keystone Pit gold property, 1 mile south of White Caps. Calais can earn a full interest in the property.
The company recently bought the equipment and inventory of a drill company in Idaho for US$50,000. The acquisition is aimed at reducing the cost of future programs.
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