GeoVenCap Inc. Begins to Drill Silver Zones at California Lake
GeoVenCap Inc. announced that diamond drilling has commenced on its California Lake Silver Project located in northern New Brunswick to further delineate silver zones, called A and B, identified in previous drilling. A contract has been signed with Forages La Virole of Rimouski, Quebec to complete a 2,000 meter drill program. Historical drilling had tested the A Zone over a strike length of 579 meters with intersections reported ranging up to 6,987 g/t Ag. The A Zone remains open down dip and along strike to the northwest and southeast. Hole C-87-21, drilled on the northwest end of the A Zone intersected an estimated true width of 4.1 meters (41.1-45.3 meters down hole) grading 42.4 g/t Ag and 0.35 g/t Au, and 1.7 meters (90.1-91.7 meters down hole) grading 1,450 g/t Ag and 0.42 g/t Au. Hole C-87-28, drilled on the southeast end of the A Zone intersected an estimated true width of 6.1 meters (38.3-45.1 meters down hole) grading 106.2 g/t Ag and 0.15 g/t Au. Silver mineralization has also been identified by limited drilling to the southwest of the A Zone. The B Zone has been intersected by drill hole CL-11-01 that cut 4.0 meters grading 535 g/t Ag, 0.62 g/t Au and C-87-29 that intersected 7.7 meters grading 182 g/t Ag and 0.31 g/t Au. A mineralized zone in CL-04-02 grading 174 g/t Ag and 0.43 g/t Au over 5.3 meters is located approximately 150 meters northwest from the silver zone in CL-11-01 and may also correlate with the B Zone. Due to the paucity of drilling in this area, true widths of drill hole intersections cannot yet be determined.