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Wednesday, July 23, 2008

Target starts drilling on Bradshaw Gold project

Target starts drilling on Bradshaw Gold project

Target Exploration And Mining Corp., a growing exploration and development company with uranium projects in the US and gold/copper projects in Canada, has commenced drilling on the Bradshaw Gold Project in Canada.

The project is located 10 kilometres (km) southeast of the former Nickel Plate-Headley Mascot Gold Mine, British Columbia’s third largest gold producer.

The drilling program which will consist of approximately 1,000 metres in 9 holes, is designed to test for extensions of the mineralised zones associated with silicified and brecciated chert as intersected in the historic trenches.

It may be recalled that the few holes had drilled in the mid 1980s by previous operators. The drill program will also target coincident gold-in-soil and induced polarisation (IP) anomalies identified through the 2007 summer program, which included geological mapping, soil geochemical surveys, IP and magnetometer surveys.

The property has demonstrated the ability to host both high-grade multi-ounce vein mineralisation (94.97 grams per tonne (g/t) gold over 0.76 m), as well as broad widths of supportive lower grade material (0.78 gpt gold over 62.2m).

 


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