Re: Drilling to start on Monday
in response to
by
posted on
Jul 02, 2008 01:24PM
Dave will be drilling the outcrop first , so we just may have a visual sooner than later!
McFauld's West Project Drilling
The diamond drill used for the Victory drilling has been mobilized to the Company's 100%-owned McFauld's West Project adjacent Noront Resources' Eagle One high-grade nickel-copper-PGE discovery. Drilling will commence on July 7th, after a ten-day break from field operations. The first hole will test a geophysical anomaly identified on the western mafic intrusive, discovered in outcrop during the winter program. The Company is planning a minimum of eight holes to test selected anomalies identified on the property, including some deeper targets.
The McFauld's West property is located approximately 450m from the Eagle One discovery and the current program represents the first drilling to be conducted on the claims. Probe is encouraged by the recent geophysical, geochemical and geological results, which indicate the potential of the property to host mineralization similar to that on Noront's property. The most recent drilling intersection from Eagle One returned the highest grade material to date averaging 6.25% nickel, 2.75% copper, 1.85 g/t platinum, 10.23 g/t palladium, 3.0 g/t gold and 10.3 g/t silver over 46.6 meters.