Providing coverage of Alaska and Northwest Canada's mineral industryAugust 2015
| Vol. 20, No. 35 | Week of August 30, 2015 |
|
Mining News: Northern Neighbors: Discoveries confirmed at Coffee neighbor
Independence Gold Corp. Aug. 24 reported encouraging results from drilling of two gold discoveries at its Boulevard Project, located adjacent to Kaminak Gold Corp.’s Coffee gold project in Yukon Territory. The 1,746-meter (13 holes) reverse circulation drill program tested two previous undrilled soil anomalies. The best intercepts are 7.23 grams per metric ton gold across 12.2 meters at the Sunrise zone, and 4.25 g/t gold across 6.1 meters at the Denali zone, located 13 kilometers northwest of Sunrise. A follow-up program including ground magnetic surveying, geological mapping and additional RC drilling has been initiated. Independence has increased its 2015 exploration budget to C$2 million. The company postponed planned drilling at the Henderson gold project in order to carry out the follow-up program at Boulevard.
–Shane Lasley
|
|
|
|
|
Mining News North - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.miningnewsnorth.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (North of 60 Mining News)(Petroleum News Bakken)(Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.
|