Caldera Gold Property Drilling Commences
VANCOUVER - Discovery Harbour Resources Corp. reported that the drill program is underway on the Caldera gold property, which lies in a fertile gold region at the intersection of the Walker Lane and Northumberland Gold Belts northwest of Tonopah, Nevada. The Company plans to test six to eight drill targets, the order being determined by logistics and results as the drilling progresses. The drill holes will be 100 to 300 meters deeper than any previous drilling on Caldera in order to target the potentially high grade portion of the low sulphidation epithermal gold system. Discovery Harbour will be the first company to test the potential of a boiling zone, typically found at approximately 300+ meters depth, where precious metals come out of solution.
Drilling has commenced on target "G". This target is characterized by rock sample assays which are continuously anomalous along a structure of at least 500 meters in length, including three rock samples greater than 15 grams per tonne ("g/t") gold and a further 11 samples greater than 2 g/t gold. Shallow historical drill holes in this area returned anomalous gold, including 10.7 meters of 1.09 g/t gold. A broad zone of coincident quartz and chalcedony, also coincident with soil samples anomalous in gold, silver, arsenic and antimony, further support this target as a promising low sulphidation epithermal gold system. An additional encouraging feature of this target is a structural inflection prospective for gold deposition.
The drill program is expected to take approximately eight weeks. The drill core will be split and sent to the laboratory for analysis with results expected to begin during the fall.