ONTARIO – Reliant Gold Corp. of Toronto has enough working capital to keep it busy for the next 24 months at its flagship East Bay gold property in the McVicar Lake area, 90 km west of Pickle Lake. East Bay hosts three historic gold zones and a fourth historic zone of nickel-copper-platinum group mineralization.
Historical work at East Bay included some drilling for gold in the 1980s. Last summer Reliant conducted surface and rock sampling over known occurrences. Several samples exceeded 10 g/t gold, with one as high as 86.461 g/t.
The same sampling program re-confirms the prospectivity of the historic nickel-copper-PGM zone. Samples there assayed 0.45% copper, 0.16% nickel, 0.174 g/t Pt, and 0.669 g/t Pd. They also returned gold values of 0.038 to 0.068 g/t.
The “strong results” have Reliant founder, chairman, president and CEO Kabir Ahmed planning an induced polarization survey and an initial drilling program for East Bay.
More about Reliant Gold team is available at www.ReliantGold.com.