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Need Update on Columbus Salt Marsh Drilling, page-48

  1. 2,140 Posts.
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    The Gold fever is heating up in this area, Could CAD find some of that hot GOLD !
    Nickel going up, now US$12,000t
    Zinc up and away as well US$3,120t


    A drillhole completed by the previous joint venture partner Mithril Resources Ltd beneath the Highway nickel – copper deposit intersected 5.18g/t gold over 1.5 meters.
    This mineralisation remains open along strike and at depth.
    In addition, the major shear zone that traverses the property is a continuation of the Tabba Tabba shear zone which is known to host a number of significant gold deposits to the southwest.
    The Highway nickel – copper deposit and the Supply Well zinc – nickel (Drill intercepts to 1.9% nickel and 17% zinc both illustrate that hydrothermal processes have been active in the project area and gold mineralisation is usually the result of hydrothermal processes.
    Finally, owing to the sediment cover of the Canning Basin the area has never previously been prospected or explored for gold mineralisation. The opportunity is certainly knocking.
    "You never ever know till you have a go"
    DYOR
    FH
 
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