GG Exploration update
The Cochenour/Bruce Channel deposit is located below Goldcorp's historic Cochenour mine and is a key component of Goldcorp's consolidation plans in the Red Lake district. A 2009 surface drilling program identified gold mineralization in the Gap zone between the bottom of Cochenour (2200 Level) and the top of the Bruce Channel discovery. In 2010, underground drilling from the 2050 level verified the continuity of gold-bearing structures below Cochenour towards the Bruce Channel deposit. For budget and planning purposes the Company has sized the Cochenour project for a mineable deposit of 5 million gold ounces. An initial gold mineral resource is expected for year-end.
Work on enlarging and upgrading the existing Cochenour shaft is in progress and the development of a 5 kilometer drift and high speed tram on the 5400 foot level connecting to the Red Lake mine is underway. This will enable Cochenour/Bruce Channel ore to be hauled directly to the Red Lake mine and processed at the existing mill facility. The drift will also open up exploration over five kilometers of untested ground in one of the world's richest gold districts. Future exploration plans include additional drilling both from surface and from underground including drilling from the high speed tram drift. The first of the drilling stations has been completed and drilling in this untested area is expected to commence in 2011 once the drift excavation is sufficiently advanced.
https://finance.yahoo.com/news/GOLDCORP-EXPLORATION-RESULTS-cnw-3369086727.html?x=0&.v=1
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CYP have the property and wonderful location.