As predicted, hole 76 drilled at the Spectrum property in northwestern British Columbia returned some of the highest-grade values seen to date on the property.
This year’s program is operated by Columbia Gold Mines (VSE), but funded by Eurus Resource (VSE) which can earn a 50% interest from Columbia by spending $8 million over four years.
Hole 76, previously reported to have encountered visible gold, was drilled 210 ft. updip from a 10.2-ft. intersection which averaged 0.99 oz. gold per ton in hole 71.
The gold values reported below for hole 76 are within a 171-ft. interval averaging 0.16 oz. gold per ton from 62-233 ft.
The hole returned a 47.2-ft. interval grading 0.38 oz. gold from 95.5-142.7 ft., which includes 2.6 ft. of 2.58 oz. gold and 18 ft. of 0.58 oz. gold. Other intervals from hole 76 are 8.2 ft. of 0.31 oz. gold and 2.0 ft. of 0.77 oz. gold.
Holes 74 and 75 were stepped out 80 ft. north of holes 71 and 76. Hole 75 returned 1.7 ft. of 0.44 oz. gold, while hole 74 returned 9.9 ft. of 1.57 oz. gold (from 100-109.9 ft.) and 24 ft. of 0.10 oz. gold (from 223-247 ft.) which includes 3.3 ft. of 0.51 oz. gold.
Hole 73 was drilled under the “nose show,” a surface occurrence containing visible gold. It returned 9.8 ft. of 0.17 oz. gold from 282.1-291.9 ft., and 1.6 ft. of 1.6 oz. gold from 480.2-481.8 ft.
Hole 72 was drilled 130 ft. below hole 71 and hit a monzonite dyke within the vertically dipping zone at a depth of 500 ft. from surface. The hole intersected 3.3 ft. grading 0.12 oz. gold from 413.3-416.6 ft. Drilling is continuing on the Spectrum property.
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