Houston Lake updates West Cedartree Gold project
by Jo Black

Houston Lake Mining Inc., an advanced exploration company seeking gold, platinum group and rare metal deposits in Ontario, provides assay results from four more drill holes of a recently completed 17 hole, 1,798.6 metre (5,899.4 foot) delineation drill program on the Dubenski property of the Company’s West Cedartree Gold Project near Kenora.
The program seeks to upgrade a portion of the Dubenski Shaft Zone historic resource of 355,286 tonnes grading 6.32 g/mt gold (322,310 tons averaging 0.184 oz/st gold) to modern standards.
These intersections are some of the best ever reported from the Dubenski property, said E. Grayme Anthony, President and Chief Executive Officer, adding that we are very encouraged by the results from our ongoing drill program at Dubenski and we look forward to releasing results from the remaining seven drill holes later this month.
Drill holes DB-08-10A, 09, 08 and 07 form the second of four drill sections and systematically test the Dubenski Shaft Zone to a maximum depth of 95 metres (310 feet). All four drill holes intersected the strongly altered and silicified meta-volcanic rocks that typify the Shaft Zone. The 247 samples returned assay results that varied from trace to 126.90 g/mt (3.701 oz/st) gold. DB08-07 was the deepest drill hole of the section and intersected 12.11 g/mt gold over a core length of 33.00 metres (0.353 oz/st Au over 108.24 feet) including 40.70 g/mt gold over 9.0 metres (1.187 oz/st Au over 29.52 feet). Results from the remaining 355 samples are expected in the next few weeks.
Related posts to: Houston Lake updates West Cedartree Gold project
Noront & Probe enter discussion regarding McFaulds Lake Area ...
Halo commences drilling at West Red Lake ...
Halo plans resource estimate for Lost Lake ...
Halo Resources provides updates ...
Hawk updates on Cortez property ...
Latest Metals News:
Gold ends session lower in New York, but gains on week
Gold prices retreat after setting new intraday high
Gold closes at $1,666 per ounce in New York trade
Gold prices at new records on disappointing US data
Gold prices lower but comes off session lows on manufacturing data
Gold sets new intraday, closing highs to end trading week in New York
Copper rises; precious metals prices see declines
Gold prices drop on profit-taking, stronger US dollar
$1,616.80 per troy ounce: Another record high for gold
Gold trades as high as $1,624.30 per ounce in New YorkPrevious: « Aurcana acquires near term silver production project
Next: Most metals prices see gains »
Visited 4204 times, 1 so far today