Normine Resources has outlined 2.8 million tons of reserves grading 0 .036 oz gold per ton at its Friday-Deadwood Mountain joint venture in Idaho.
These reserves are classified as drill-indicated and another two million tons are thought to exist at a similar grade.
Glamis Gold has been drilling the Friday property on 25-ft centres in preparation for a 5,000 to 20,000-ton heap leach test. That company is also carrying out column tests on a number of 500 lb bulk samples but the main bulk testing program will begin after development drilling has been completed.
Two additional gold anomalies have been outlined along the property’s 8-mile strike length including one area where rock samples averaged 0.052 oz within an anomalous geochemical zone.
The Deadwood Mountain zone appears to be similar in grade to the Friday, based on geochemical sampling results over an area 1,500 ft by 5,000 ft.
Glamis can earn a 51% interest in the Friday property group by taking it to production by 1988. Normine is carried for 25% and Amir Mines retains 24%.
Normine is diamond drilling its Pacific Eastern property adjoining the Bralorne-Pioneer mine, but no results are yet available. As well, the company plans to drill its Wait claims near Kimberley, B.C., where several strong geophysical anomalies have been outlined.
Cominco’s Sullivan mine is located six miles to the west and is situated in an identical geological environment.