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Jayden Resources Starts Drilling Campaign at Silver Coin Project

By Joel ScanlonMay 30 2011

Jayden Resources has begun a drilling program at its Silver Coin Project near Stewart in B.C. This drilling campaign is the main constituent of the Company's $5 million exploration and development plan announced formerly. Now, two core rigs are operating on the property.

This drilling will include around 80% of close offset and infill holes and 20% of exploration holes external to the existing resource. The objective of the drilling program is to develop the high-grade zones, to upgrade the current inferred resource to the standard categories, to analyze the numerous surface gold mineralizations that occur outside the resource region and to expand a complete geologic model for the deposit.

According to Jayden’s president, Bob Felder, in all these years, this drilling program is the largest in the project. The company is excited regarding this drilling program because of the positive drilling results obtained from 2800 m drilling program in 2010. This 2010 drilling program has improved the gold resource ounces by around 11%. The future objective of the company is to use the engineering, environmental, geological, metallurgical and new drilling information to progress the project towards the pre-feasibility phase.

Source:

http://www.jaydenresources.com/

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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Scanlon, Joel. (2019, February 18). Jayden Resources Starts Drilling Campaign at Silver Coin Project. AZoMining. Retrieved on September 21, 2024 from https://www.azomining.com/News.aspx?newsID=4176.
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Scanlon, Joel. "Jayden Resources Starts Drilling Campaign at Silver Coin Project". AZoMining. 21 September 2024. <https://www.azomining.com/News.aspx?newsID=4176>.
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