Goldstack hits high-grade copper

Following an earn-in agreement with American Consolidated Mining (USOTC), Goldstack Resources (VSE) has intersected a wide zone of high-grade copper mineralization at the Yellowhammer property on the Utah-Nevada border.

Goldstack says hole GOYH-3C-91 hit a 55-ft. intersection grading 3.65% copper and 0.019 oz. gold per ton from 25-80 ft. below surface. The first 25 ft. in the hole graded 5.72% copper and 0.016 oz. gold.

The hole was approximately 1,200 ft. north of hole GOYH-1A-91, which returned 2.8% copper over 100 ft. at the same depth.

Both holes tested a quartz monzonite porphyry intrusive.

Goldstack has the option to acquire a 50% interest in the Yellowhammer and Reaper deposits by spending $1.6 million on exploration and development, including a 12-month vat-leaching operation at Yellowhammer.