Colorado Resources has obtained the 2011 exploration results from its Hit property, which is situated about 27 km to the north of Princeton in British Columbia.
A comprehensive compilation of the property’s previous and latest work was included in this 2011 exploration, which was then followed by trenching at the Hit Main zone. This compilation has shown that the property has more potential for porphyry style mineralization containing gold and copper and encloses the prior existence of over 19 minfile.
Mineralized gold is present in the Hit Main zone’s mesothermal quartz veins. These veins are located in a 40 m broad shear zone, shown by past trenching program. A 120x25 m area in the main zone was opened through the 2011 trenching. Channel sampling was conducted across the zone’s full thickness. Colorado gathered 736 channel samples.
Multi-episodic quartz mineralized veins controlled a 26 m segment of the exposed system’s south portion. These veins encountered 56.8 g/t silver and 5.58 g/t gold over 1.4 m. This segment yielded the best interval of 98 g/t silver and 10.6 g/t gold over 1.0 m.
The compilation program’s focus is to test all the early geophysical information and the 2010 geophysical data gathered by Colorado. This compilation results have shown that the quartz vein-hosted shear zone, located at the main zone, is outlined as a linear conductive aspect. This Hit Shear zone feature has a length of at least 2.5 km. Glacial till encloses this Hit Shear zone, which has not been previously tested by drilling or trenching.
A diamond drill and trenching programs have been planned to examine for significant gold mineralized quartz veins along the Hit Shear zone’s 2.5 km extension.