Seabridge Press Release December 12So, it now turns out that Seabridge did drill a hole to the northeast of Iron Cap. IC-18-84. Here are the results from that hole:
Northeast Up Dip Projection Drill Hole IC-18-84 450.0m drilled:
From To Thickness Au Cu Ag
170.0 202.2 31.2 0.20 0.36 5.1
223.0 257.0 34.0 0.36 0.78 35.4
281.0 295.0 14.0 2.53 0.03 1.8
344.0 371.0 27.0 0.40 0.24 4.7
And here is their report on that hole:
"Hole IC-18-84 was drilled to define the up-dip continuity of the ore zone on the northeastern side of Iron Cap. This hole confirms that the ore zone reaches the surface below glacial ice thereby limiting the potential in the northeast direction. At the up-dip limit of Iron Cap, the zone is composed of altered and thermally metamorphosed sedimentary rock. Variable grade distribution in these rocks may be controlled by permeability or reactive sedimentary beds."
Now - what I see in this hole are four areas of mineralization. Total 106.2 meters. Weighted average gold = .6g/t with the best zone of 14 meters @ 2.53 g/t Au nearly 300 meters downhole. I also see intervals that have the highest copper grade (.78%), highest silver grade (35.4 g/t) and 2nd highest gold grade of the holes reported today.
Would love some comments from folks on this one. Thanks. Doug