Assays of up to 0.161 oz gold per ton over 35 ft were recently reported by Lord River Gold Mines (VSE) from a Phase I drill program on the Trout Creek property located at the south end of the Carlin Trend in Nevada.
The company says the encouraging mineralized intervals encountered in the drill program complement recent surface chip sample results that include 80 ft grading 0.150 oz, 40 ft grading 0.070 oz and 40 ft grading 0.062 oz.
T. W. Spilsbury, director, says the seven holes drilled to test the main Southern Jasperoid zone have enhanced the potential for near surface economic reserves on the property.
Some of the more significant intervals from the zone are 70 ft grading 0.032 oz, which includes 35 ft grading 0.052 oz; 25 ft grading 0.040 oz and; 100 ft grading 0.069 oz (which includes the 35 ft of 0.161 oz mentioned above). Lower grade intervals of 40 ft grading 0.007 oz and 85 ft of 0.016 oz were also reported.
The company says silver values, although more erratic, were significant with values up to 4.70 oz per ton.
Drill hole 8 tested the Central Fault zone about 1,000 ft to the north of the Jasperoid zone and the company reports results of 130 ft grading 0.041 oz gold, including 55 ft grading 0.70 oz.
The company says these results confirm the presence of deeper mineralization in an area where previous drilling had returned 0.037 oz over 80 ft.
Lord River Gold Mines says a Phase II drill program will be designed to delineate ore reserves in the Southern Jasperoid zone, in addition to further testing of the Central Fault zone.
How accurate is this infromation e.g mining method, with respect to current oporations at Kidd creek?