Tuesday, 27th May 2008 (552 views)

Exploration and development firm Gold Reach Resources has drilled new gold mineralisation in the Canadian province of British Columbia, the company has confirmed.

The firm said a 20-hole winter drilling programme had intercepted the gold at the Seel property in the central area of province.

Gold values from the work included assays graded at 0.43 g/t gold over 100 metres, 0.29 g/t gold over 195 metres and 0.10 g/t gold over 180 metres.

Additional results included gold values of 0.28 g/t gold over 36.85 metres, 0.24 g/t gold over 41.18 metres and 0.17 g/t gold over 36.40 metres.

Gold Reach said the results have been added to previous work to identify a horseshoe-shaped zone of mineralised extending at least 1,100 metres in length, with widths of up to 200 metres.

The Seel property covers 42,377 acres of land around eight kilometres east of the producing Huckleberry mine. To date, Gold Reach said, around five per cent of the total property has been explored.

 

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