Impressive assays SNIP looks good underground

Impressive assay results have been reported by Cominco Ltd. (TSE) and Delaware Resources (VSE) from underground exploration and development in the Twin zone at their SNIP project northwest of Stewart, B.C.

Face samples collected along 213 ft of underground drifting returned an arithmetic average (uncut) of 1.1 oz gold over an average true thickness of 7.2 ft.

The joint venture emphasizes that the complete zone was not opened up by the drift and it’s probably much wider. Visual inspection shows the mineralization extends into the drift walls.

The Twin zone often hosts several mineralized structures, separated by low grade to barren wall rock. This multiple parallel veining has been partially exposed in a short crosscut where raise development is under way into the upper levels of the zone.

The main crosscut exposed a second zone of strong mineralization in the footwall of the Twin zone with an approximate true thickness of 6.6 ft. Detailed diamond drilling of the footwall and hangingwall zones is currently in progress.

Drifting to the east and west in the Twin zone by June 7 totalled approximately 330 ft. The west drift has been halted to allow raise development and the east drift is continuing through a zone of complex faulting. The east drift located the actual pierce point of hole S-84 which returned 2.4 oz gold over a true thickness of 27.2 ft.

Underground drilling beneath the Twin zone and of related parallel structures below the adit level is continuing from drill stations in the hangingwall drive. This mine working may be extended to allow drilling along strike and further down dip.


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