Mineral Exploration

Winter 2016

Mineral Exploration is the official publication of the Association of Mineral Exploration British Columbia.

Issue link: http://digital.canadawide.com/i/756078

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16 Mineral Exploration | amebc.ca at KSP. Fifty-nine drill holes totalling almost 9,000 metres were completed at KSP. The emphasis was on the Inel area, where 53 holes were drilled. According to the company's announcement, Inel drill holes INDDH16-46 to INDDH16-53 returned several high-grade gold intercepts, as well as what Colorado Resources called significant broad intercepts at multiple horizons. The highest results to date at Inel include 165.5 grams per tonne across one metre, with numerous intercepts greater than 0.5 ounces per ton gold in the one- to five-metre range, as well as a number of very significant longer intercepts (between 50 and 100 metres) of lower-grade (between one and three grams) intercepts. "Our 2016 drill program at Inel has tested on broad centres, approximately 20 per cent of the 1.5-square-kilometre Inel gold geochemical anomaly," said Travis in an announcement. "These latest results continue to add to the previously released intercepts with multi- ounce gold values along with broader intervals of multi-gram gold values." The first phase of 2016 drilling tested portions of the Discovery Trend and southern extensions of the Inel Creek Trend. "Overall, the 53 Inel drill holes had a 60 per cent success rate in returning high-grade gold intercepts," said Travis. "Our drilling in these two zones, along with preliminary surface geological mapping, geophysics and geochemistry, highlights six robust-sized target zones." Colorado Resources is continuing to advance the technical understanding of the system and incorporate geological, geophysical and geochemical data as it works on cross-sections, and will report on the overall results and their significance once all the technical data has been compiled. Eagle Plains Resources Ltd. has the Iron Range project, a 70,000-hectare property located east of Creston, B.C., in the Purcell Mountains. The company says the property overlies the same stratigraphy that hosts the Sullivan sedimentary exhalative (SEDEX) deposit in Kimberley, 65 kilometres to the northeast. A transportation and power corridor, including a high-pressure gas pipeline and a high-voltage hydro-electric line, crosses the southern part of the property. A rail line connects the project to the Teck smelter in Trail, 100 kilometres to the west. The Sullivan Mine contained 160 million tons at 12 per cent lead/zinc and 67 grams per ton silver, valued today at over

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