RE:Interesting history - Del NorteYes, the history is interesting, but the FACT that it took 108 DDH before #109 showed is the amazing confidence builder for DEC as
https://eskaymining.com/corporate/history/
Today Eskay Creek is recognized as being among the most significant of discoveries made in Canada since the Hemlo gold deposits were found in Ontario in the early 1980s.
The Eskay Creek discovery also focused attention on the under-explored and often underestimated mineral potential of northwestern British Columbia.
It took 76 drill holes before Hemlo even began to be taken seriously, and 109 holes before Eskay Creek became widely accepted as a truly significant discovery.
Geological reserves at Eskay Creek today stand at 4.36 million tons of 0.77 oz. gold and 29.12 oz. silver, the bulk of which is classed as probable reserves in the 21B zone which is also rich in zinc, lead and copper sulphides.
In the summer of 1989, drilling on the 21A zone was suspended in favor of an accelerated program on the 21B deposit, where some widely spaced stepout holes at the end of the winter program (holes 67, 68, 69) had revealed high-grade gold and silver mineralization associated with base metals. The two zones are separated by an approximate 500-ft.-long weakly mineralized area.
It was a gamble that paid off handsomely. Results kept getting better and better until a widely spaced stepout hole drilled on an induced polarization target at the northern end of the property made history.
The now-famous hole 109 returned a 682-ft. interval grading an average of 0.87 oz. gold, 0.97 oz. silver, 1.12% lead and 2.26% zinc. In the process, the spectacular hole triggered a trading frenzy on the Vancouver Stock Exchange.
DEC will soon - in weeks, not years - have a FRENZY with geo technology today! There are few bad surprises, only HITS.