BRITISH COLUMBIA – Initial results from an underground drill program at the Davidson molybdenum deposit near Smithers has returned 48.8 metres grading 0.46% MoS2, says Toronto-based BLUE PEARL MINING. The assay results came from the first hole of a six-hole program to test mineralization approximately 300 metres below the developed portion of the deposit.
The last time the deposit was drilled was 1972 by Climax Molybdenum, says Blue Pearl. Core tested at that time returned 0.46% MoS2 over 49 metres and 0.37% MoS2 over 36.5 metres.
Blue Pearl is adding a second drill and expanding its program with 12 additional holes (see www.BluePearl.ca).