Huakan International Mining has reported the drilling results from the remaining holes, including DDH12-23 through DDH12-45, drilled at the Main Zone as part of the 2012 underground diamond drilling campaign carried out at the company’s J&L precious and polymetallic project in British Columbia.
The company’s drilling included 9,725 m, totaling 45 holes, and aimed to increase the Main Zone deposit’s indicated resource category. The program successfully intercepted mineralization of similar thickness and grade. The company will complete an updated resource after remodeling the deposit. The entire drilling campaign examined six target regions from A to F.
Intercepts in 11 holes drilled in Area A ranged between 0.56 and 8.48 m of standard Main Zone mineralization. Some drill holes encountered several zones. The company drilled 11 holes in Area B of the Main Zone. One or two intercepts have been identified in the Main Zone area.
Huakan completed 10 holes in Area C of the Main Zone, which continues all over this region. Intercepts in the Main Zone encountered typical mineralization ranging from 0.42 to 5.82 m.
The company drilled three holes in Area D, which encloses an area that is 80 m down dip and 100 m long on the Main Zone. Typical mineralization ranging from 1.39 to 1.41 m was intercepted. The average grade of gold is 4.69 g/t for all intercepts.
Three holes were drilled in Area E, which fills the interval between Area F and the former resource estimate area. The company drilled seven holes in Area F.
Huakan’s Vice President for Exploration, Paul Cowley commented that the company is delighted with the program success. The deposit’s strike length has been expanded from 800 to 1150 m and included further 120 m locally towards the downdip level of the Main zone. The company is conducting modeling in order to prepare an updated resource calculation for early this fall.
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