Feb 24 2014
LKA Gold Incorporated announced that its mine operator, Coal Creek Construction, has been pursuing a high-grade vein structure in this North Raise area both above and below the mine's 6th level.
Ore grades in this structure, seem to diminish with depth in this particular area however, previous experience suggests this could change quickly. (Multiple vein assays in the high double digits, measured in gold ounces per ton, were encountered at slightly greater depths in earlier exploration.) Conversely, as current operations are extending a "raise" above 6 level, gold enrichment has improved dramatically.
According to LKA President, Kye Abraham, "We're especially encouraged by the vein(s) width and grade as we raise above 6 Level. We're in an area adjacent to the previous production zone, in what our project geologist calls the "boiling zone." This is approximately the same elevation in the mine where the last high-grade ore chute was discovered. At some point along this trend we expect to encounter another one…or perhaps, several."
For short videos of Mr. Abraham's discussion with lead miner, Tony Schell, concerning the North Raise workings, go to the "Projects" tab on LKA's website at: http://lkagold.com/Golden-Wonder.php. Interested parties are also encouraged to read Rauno Perttu's recent reports regarding the Golden Wonder's potential which can be found with the same web link.
Source: http://lkagold.com/