Creso Exploration has inked an agreement to commence a 2,000 m of drill program to examine shallow anomalies, which have similar geophysical features as the Duggan, Minto and Tyranite gold occurrences, which were suggested by Insight Geophysics, following the ground geophysical surveys performed at these three gold properties.
The company will start the campaign at the Tyranite mine and will examine 10 shallow targets in a southwest portion. Then five holes will be drilled at the Duggan property and another five holes at the Minto property.
In addition, the company will continue drilling at the Mann property in order to validate the past results of the drill hole #67-60, which intersected 520 oz/t silver over 2.9 ft from surface, and examine the D zone expansion both laterally and below 39 m of depth, where 6,309 oz/t silver over 2.0 ft were cut at the tip of a slanting ramp. Five shafts are present on the property, in which 200 ft vertical shaft is the deepest and also a 200 ft ramp was driven.
Considering the current work and prioritizations of the budget, the company made a decision to return the Indian Lake and two Hare Lake option properties.