Discovery Harbour Resources (DHR) is pleased to announce that the company's drill program on the Caldera Gold Property is underway.
The property lies in a fertile gold region at the intersection of the Walker Lane and Northumberland Gold Belts northwest of Tonopah, Nevada.
The company plans to test six to eight drill targets, the order being determined by logistics and results as the drilling progresses. The drill holes will be 100 to 300 metres deeper than any previous drilling on Caldera in order to target the potentially high-grade portion of the low sulphidation epithermal gold system.
The drill program is expected to take approximately eight weeks. The drill core will be split and sent to the laboratory for analysis with results expected to begin during the fall.
Mark Fields, the Company's President and CEO, commented on the drilling program.
"It is an exciting time with the Caldera drill program now underway. We have a selected 10 targets from no less than 33 targets within five of the eight distinct gold mineralized areas at Caldera, each having the potential to deliver a significant high grade intercept."
Mark Fields continued,
"In addition to the Caldera drill program, Newcrest Mining Ltd. has confirmed it has identified encouraging targets which it plans to drill test this year. Caldera and Fortuity 89 are only a few kilometres apart with similar geology and gold deposition models."
Discovery Harbour Resources Corp is a Canada-based company engaged in sourcing, exploring, and developing mineral properties.
Discovery Harbour Resources Corp. (DHR) is trading at C$0.085 per share at 10:45 am EDT.