Diamond Drill Program Expanded At The New York Canyon Copper Property
VANCOUVER - Emgold Mining Corporation reported that Kennecott Exploration Company (KEX) plans to expand its diamond drilling program at the New York Canyon Copper Property, Nevada. The Property is subject to an Earn-In with Option to Joint Venture Agreement between Emgold and KEX. CEO, David Watkinson, said, "We are extremely pleased with the progress of the New York Canyon's drill program thus far. Expansion of the drill program and acceleration and expansion of other exploration work on the Property is an indication that the initial results have been promising. We are looking forward to receiving complete set of data following the completion of the expanded program."
The Property is an advanced stage exploration project consisting of four copper targets, three of which were first explored in the mid-1960s to late-1970s. The three main prospects, situated west to east respectively, were named Copper Queen, Champion, and Longshot Ridge. The fourth target, named Ideal and situated south of Copper Queen, is a geophysical target that was first identified in the late 1990s. Much of the Ideal and Copper Queen areas are under pediment alluvium.