Sunvest Minerals Corp. announced today that its new drilling program on the McKinnon-Hawkins Gold Project is expected to begin next week. McKinnon-Hawkins is an advanced exploration gold property with an existing resource of 239,100 oz’s of gold, comprised of 4,957,000 tonnes of ore at an average grade of 1.50 g/t gold, with a cut-off grade of 0.5 g/t.
The Project provides considerable potential for resource expansion. Drilling will be focused on the main ore deposit to further delineate the resource, as well as exploring the Taylor showing as the Company looks to expand the ore body. Further information can be found
here.
Sunvest Minerals was recently in the news earlier this month when it announced
regulatory approval for its acquisition of Evening Star gold property, in Nevada, U.S.
The Company has 27 million shares outstanding and a market cap of $3.0 million.
FULL DISCLOSURE: Sunvest Minerals Corp. is a paid client of Stockhouse Publishing.