The drilling program at the Humboldt Range Gold-Silver Project in Nevada is in progress now.Extension drilling at the Alaska Range Project's high-grade Caribou Dome copper deposit in Alaska, to advance historical drilling that included recent high-grade intersections of:
- 19.1 metres at 7.0% copper; and
- 10.7 metres at 7.4% copper.
The planned exploration program will consist of additional core drilling at the Caribou Dome deposit aimed at extending mineralisation along strike and down-dip from these high-grade intersections.
Metallurgical test-work will also be conducted to evaluate processing options for the Zackly gold-copper-silver mineralisation and the potential for co-processing with Caribou Dome copper mineralisation.
The company also anticipates completing a scoping study to evaluate combined mining and processing of Caribou Dome and Zackly mineralisation in the second quarter of the year. This will help determine minimum resource size required for a viable project.
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