Soldi Ventures has engaged Springdale Forest Resources for performing a 2,000 m drilling at the Golden Bullet project.
The company has started the drill rig mobilization and has planned to start drilling at the earliest, in order to examine several high priority gold targets that were chosen after evaluating the recent gravity and induced polarization (IP) surveys over all the significant targets at the Golden Bullet license, which contains the high-grade Bullet and Knob prospects.
The company drill at the Knob Offset vein system yielded 8.98 g/t gold over 14.33 m, and the high-grade Knob prospect previously returned up to 57.46 g/t gold over 4.30 m. It will additionally drill the Bullet extension zone that has a number of drill hole intercepts ranging from 1-17g/t Au over several intercept lengths.
Soldi will conduct additional ground work in the regions with previous and newly identified high values of gold, where it is concurrent with chargeability targets and anomalous resistivity from the IP survey. The goal of this ground work is to improve these regions in order to drill targets. Recently, the company has identified Vg zone, which has up to 298.8 g/t gold as grab samples, and the Quarry zone, which has 1.51 g/t gold over 5.5 m and 0.91 g/t gold over 31 m.