Inter-Citic Minerals is continuing the 2011 exploration campaign at the Dachang gold project.
At present, the company has allotted about CDN$6.3 million for the 2011 exploration to contain trenching and drilling for up to 10,000 m and 25,000 m respectively. This 2011 exploration is moving towards the additional resource growth at the property’s new areas.
Also, the company will be drilling analytically under Dachang main zone’s (DMZ) present resource area, which has been drilled to a depth of around 150 m vertically from the surface. It will be examining DMZ’s mineralized fault formation at a depth between 500 m and 750 m. The company is currently positioning its two drills in the formerly unknown gap zone off the eastern area of the DMZ resource region. Previous drilling in 2011 has discovered the traces in core samples, which is located at a fault formation in a step out hole of 500 m on the strike along with the Dachang main zone.
Inter-Citic is expecting to use a further drill rig for a 200 m step out at the Acadia zone later.
It will continue the 2011 exploration in the XP, NR-1 and Acadia zones, and latest work at the east end of the present DMZ, wherein an interval between the renowned mineralization expands for around 4 km below the thicker overburden. Soil geochemistry has exposed significant huge soil anomalies of gold in the South East Area Zone.
The CEO and President of Inter-Citic, has stated that the company is waiting for the fine season at Dachang and will be tracing new resources at the strong surface anomalies bearing gold all through the property, and potentially under the present DMZ resource.
Source: http://www.inter-citic.com/