Ashburton Ventures has expanded the drill campaign at its Deep Creek project, which is situated 112 km to the northern part of Elko in Nevada. The company has drilled more than 3,000 m at the property and is expecting the assay results at the earliest.
Depending on the analyzed core characteristics, a further hole was permitted to be drilled at Catscat Canyon and is currently being drilled. During 2010, the company targeted the Catscat Canyon for drilling, where it showed multiple +1 m intercepts of approximately 1 g/t gold. Ashburton has prepared all the core samples for assaying gold at the Nevada-based ALS Chemex Laboratories and has examined them at its North Vancouver facilities.
The company has considered a further target for drilling, subsequent to the assessment of the previous information received by means of an agreement made with Newmont Mining. The location of the Hobbit target is 2 km to the Catscat Canyon’s southern part. The previous data has shown that the drill program was performed immediately to the Hobbit target’s western part for analyzing a resistivity anomaly that was discovered by Kennecott Exploration during 1986. The Hobbit target has the Range Front formation’s outcrops to the eastern part of the resistivity anomaly, which were unexamined through the drill program. The company has explored and sampled the outcrops. It has allowed seven sites for the drill campaign.