Willoughby results shine for Gold Giant, Camnor

Drilling on the Willoughby property east of Stewart, B.C., is returning gold values for Gold Giant Minerals (VSE) and Camnor Resources (VSE)

Camnor is earning a half interest from Gold Giant by spending $600,000 and paying $225,000 over three years.

This year’s program included 17 diamond drill holes totaling more than 5,800 ft. on four mineralized zones. Eight gold-silver prospects have been outlined on the property within, or near, a porphyry stock.

Drilling on the North zone, within the porphyry stock, returned several gold values including: 3.3 ft. grading 0.68 oz. per ton plus 19.7 ft. grading 0.53 oz. in Hole 94-26; and 40 ft. grading 0.32 oz. in Hole 94-27. Silver values from the drilling are not available.

Twenty-eight continuous surface samples taken over 55 ft. along the zone returned an average grade of 0.78 oz. gold.

Based on results to date, the North zone measures 100 ft. in length, 210 ft. in depth and remains open downdip and along strike to the south. Results are pending from the other three zones drilled this year.