Gold Reach Resources Ltd. (Gold Reach and/or the Company) is pleased to announce that drilling has started at the company’s 100% owned Ootsa Property, where Gold Reach is advancing a large copper gold and molybdenum deposit adjacent to the operating Huckleberry Mine. The Ootsa Property is located in Northwest British Columbia and is road accessible.
One drill rig has been mobilized to the Ox deposit on the Ootsa Property where initial drilling will focus on delineating a zone of higher grade near surface mineralization that forms the core of the deposit. The potential to expand the Ox mineralization, and the near surface high grade zone to the east, will also be tested. The exploration program will be accelerated in the next few weeks to cover both the Ox and Seel deposits and the surrounding areas.
Drilling will initially focus on infilling and expanding three areas of higher grade near-surface mineralization with open pit potential at Ox, East Seel, and West Seel. The goal of this infill and expansion drilling will be to increase resource categories and tonnage in these potential open pit targets ahead of economic studies later in the year. Drilling will also step out from the main zones and test several exploration targets within a 4 kilometre radius of known resources. Line cutting for geophysical surveying will commence shortly.
For more information please see our website at http://goldreachresources.com. All of our recent news releases can be viewed on the Company’s website at http://goldreachresources.com/news/2013/.
Source: http://goldreachresources.com