Hawthorne Gold Corp (TSX-: HGC) said it results to date from drilling at the Taurus deposit in British Columbia have exceeded its expectations and have identified very promising grades close to surface.
Results from the first four of a total eight diamond drill holes of the Taurus zone drill program are confirming that higher grade zones, mineable by open pit method, may exist within the deposit.
Highlights of the results so far include hole TA09-001 intersecting 2.63 metres of 11,6 g/t of gold, and TA09-002 encountering 2.65 metres at 8.4 g/t and TA09-003 finding 1,93 metres at 9.2 g/t. Hole TA09-004 encountered gold at 20.6 g/t along a 1.93 metres strike length.
The Taurus deposit currently contains an NI 43-101 mineral inferred resource estimate of 1.06 million ounces of gold, 33.06 million tonnes grading 1.00 grams per ton.
“Based on the positive results, our exploration program in the Cassiar Gold Camp is focusing on Taurus during the month of August," commented Richard Barclay, president and CEO of Hawthorne.
Further assays from the remaining four holes have been received from the lab and are currently being reviewed with results expected to be announced shortly.
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