Tuesday, 21 August 2012
Summer drilling update (Waterbury): Nine holes intersect mineralization; two holes intersect significant mineralization with moderate to strong radioactivity; J-Zone enhanced
If you haven’t read today’s press release yet, I know you’ll be pleased to hear that our Waterbury Lake Summer drilling program is progressing very well indeed. I recommend you check out the press release for the details but in the meantime, here’s a quick overview:
Nine of the remaining twelve drill holes completed at the Waterbury Lake summer drill program have intersected mineralization in the J Zone, with two holes: step-out hole WAT12-325 and hole WAT12-319, intersecting significant 7.0m and 9.0m mineralized intervals respectively, with moderate to strong radioactivity, including discrete intervals of “off-scale” (>9999 cps) scintillometer readings.
Here’s what our President, COO, and Chief Geologist had to say: “This summer’s drilling at the J Zone has successfully identified significant mineralization in the central part of Area “B”, by expanding the northern boundary with targeted step-out holes and filling in the gaps identified by previous drill campaigns.”
Check out the release and as always if you have any questions don’t hesitate to get in touch.
