BRITISH COLUMBIA - CANADIAN GOLD HUNTER of Vancouver has reported results from the first 10 holes of its summer drilling program at its GJ/Kinaskan copper-gold project located between Stewart and Cassiar. The best assay was 0.474% Cu and 0.395 g/t Au over 67.0 metres, including 49.1 metres at 0.560% Cu and 0.409 g/t Au
Numbers from the Donnelly zone at the end of 2005 included an indicated resource of 91.73 million tonnes grading 0.373% Cu and 0.381 g/t Au (at a 0.20% Cu cutoff). Another 28.04 million tonnes of inferred resources at 0.354% Cu and 0.369 g/t Au have been outlined. Those figures may represent a total of 964 million lb of copper and 1.45 million oz of gold.
The current drill program will total 50 holes or 15,000-metres. Gold Hunter has traced the Donnelly zone over a 1,500-metre strike length and across widths of up to 300 metres. The focus of the 2006 drilling is porphyry-style copper-gold mineralization associated with the Groat stock, a poorly exposed elongated stock of monzodiorite that intrudes andesite and volcaniclastic sediments. Besides the Donnelly zone, there are two others, the GJ and North zones.
Additional information about the GJ/Kinaskan project and some very scenic photographs are available at www.CanadianGoldHunter.com.
Comments