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Camelionon Nov 19, 2010 10:20am
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Bear Lake put six drills to work at Larder Lake
Bear Lake put six drills to work at Larder Lake
Bear Lake put six drills to work at Larder Lake
2010-11-19 09:47 ET - News Release
Mr. Francois Viens reports
BEAR LAKE GOLD UPDATES THE LARDER LAKE PROJECT; SIX DIAMOND DRILLS AT WORK; TERMINATION OF THE HOPE BAY OPTION
Bear Lake Gold Ltd. has increased the pace of drilling at its Larder Lake project located in Ontario. Three drills are currently active testing its Bear Lake gold zone. Three more drills are working on the Swansea area of the property where Odyssey Resources Limited recently entered an option to earn a 25% interest. Separately, the Company also announces the termination of its option to acquire a 75% interest in certain claims at the Hope Bay project in Nunavut.
Larder Lake Update
Six diamond drills are now active on the Larder Lake property. Three drills are targeting the upper part of the Bear Lake zone (100% owned by the Company) at depths between 400m and 1,200m from surface as part of a 15,000m exploration program with the objective of defining and expanding the higher grade mineralized lenses and, should results warrant, completing a NI 43-101 compliant resource estimate once there is sufficient density of drilling in the Bear Lake zone.
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aBLG-1782071&symbol=BLG®ion=C