RE:New Drill ResultsGutterGuy, I thought the results are good, very consistent with the main pit, thus at a 100M step out to the main zone, this ultimately increases the total gold potential of Pilar. Open is the good part. More holes to come, who knows what they will bring.
The hole was planned to test southeast along the Main zone trend 100 m from drill hole JES-20-32. The hole also tested 60 m down dip of historic hole JES-18-03, which intersected 13.5 m of 5.6 g/t Au and 22 g/t Ag. A broad zone was intersected from surface to 47.3 m of 0.75 g/t Au and five g/t Ag with higher grade intervals up to 3.1 m of 5.6 g/t Au and 22 g/t Ag.
"JES-21-47 is another significant step-out to our Main zone, expanding the potential further southeast along trend," commented vice-president of exploration Brodie Sutherland. "With each hole we learn a little more about how this system behaves, giving us more confidence to test our new target areas at Pilar. In addition, we are starting to see results for the 4-Trench extension target and we are excited to have intersected 7.6 m at 1.7 g/t Au, in one of our first holes in that area. With the conclusion of our phase II drill program, we look forward to releasing the remaining results once available and begin planning for the next phase of program development."