Hellix Ventures has reported gold in the soil sampling results from the Athabasca property, B.C. It has conducted this rock and soil sampling campaign for confirming the early results reported by the property’s former workers.
The company has received 374 soil samples totally from the property, which holds the regions that are exterior to the previous sample compilation borders. During 2011, it has encountered 695.1 ppb of gold, which is one of the highest values received from the all soil sampling performed near the past mine location. This sample is located in a high gold anomaly in the property’s east section.
The area of the anomaly is around is 300 m wide by 200 m N-S. Hellix has collected the samples at an interval of 25 m at three soil lines that measures 100 m line spacings. Numerous further gold trends in the soil are present showing the additional gold bearing potential to the east and south part of the present Athabasca vein system.
Hellix has gathered soil samples from the 'B' soil horizon at a depth of 30 to 40 cm on an average using the shovel and pick. The samples have been collected from each line at 25 m interval and the line spacing is found to be varying from 50 to 200 m. Hellix has sent the soil samples to Vancouver-based Acme Laboratories and tested using the multi-element ICP technique.
Qualified geologist from Hellix has proposed to perform a follow-up soil sampling program at 50 m spacing to additionally outline the fresh zones and high gold in soil. The company was not formerly familiar with the east anomaly, which is exposed to the southern direction.
The underground rock and surface sampling results from the Athabasca Basin is pending. The company is anticipating a verdict on its drill permit request for the Margarita project, Arizona.
Source: http://www.hellixventures.com/