Results of the 2018 drilling gives further confirmation that a strong gold bearing system is present within the Red Cliff property. To date 2018 results indicate:
- The drilling on the north side of Lydden Creek (Montrose zone) is successful in extending the down dip mineralization that averages 10-50 g/t over widths up to 10 m (43-101report completed in 2014)
- The Montrose zone has been intersected at 250 m depths over intersection lengths of 20 m below the above mentioned section.
- Visible gold is observed in 6 of the 11 holes completed on the Montrose zone.
- The higher gold grade intersections in the 2018 drilling indicate that the gold bearing portion of the Waterpump zone plunges steeply to the south.
Drilling has completed 48 drill holes, 37 south of Lydden Creek (Waterpump zone) and 11 north of Lydden Creek (Montrose zone). Drilling is continuing on the Red cliff property and assay results will be released when received.
The Company is undertaking a non-brokered private placement of flow-through units to raise aggregate gross proceeds of up to $650,000 for expenditure on the Red Cliff project.