Castle Resources has reported the encouraging results of third set of drill cores from the current 35,000 m surface exploration that was conducted at the Granduc copper project, B.C.
The CEO and President of Castle, has commented that the presence of the extremely wide and high-grade copper mineralization below the significant mine works is identified from the drilling results of the Main zone. Depending on the results received from the GD11-21 and GD11-25 holes, the company has encountered a significant copper rich area at the Main zone. This area seemed to be one of the main high-grade copper mineralization areas will add extra inputs to the resource estimate.
The company has intersected 2.07% copper, 0.23 g/t gold, 14.2 g/t silver and 16.53% iron over 10 m, 1.38% copper, 0.17 g/t gold and 9.78 g/t silver and 18.28% iron over 22 m in the hole GD11-21 and 1.90% copper, 0.26 g/t gold, 19.28 g/t silver and 11.74% iron over 18 m in the hole GD11-25.
Currently, the company has drilled more than 55 holes out of the 60+ holes during the expansion and step out drill campaign and has intended to finish the surface campaign at the Granduc by october. Five drilling rigs are arriving at the project location with an aim to examine the prospective down dip zones, which was discovered as exploration potential by SRK Consulting.
Additionally, this 2011 drill program has targeted to outline the prospective copper mineralization that exists in the south zone and the former assay results from drill core confirm the occurrence of high-grade mineralization over 600 m to the Main zone’s southern part and on strike and 600 m downward to the sea level. The mineralization at the Granduc stays open at depth under sea level and exposed along strike to the south.
Source: http://www.castleresources.com/