Friday, 29th June 2007 (2219 views)

Fjordland Exploration has commenced drilling at the Olympic-Rob iron oxide copper-gold uranium project in the Wernecke-Ogilvie mountains region of the Yukon, Canada.

Under terms of the programme, four holes are to be dug on the Rob zone with a further two holes to be excavated on the Olympic zone.

In total, 2,000 metres of drilling is to be completed in the region at a cost of $600,000 (£300,000).

Fjordland reveals that a number of other companies are undertaking exploration programmes on similar properties in the Wernecke-Ogilvie region this summer.

The companies include Cash Minerals and joint-venture partner Mega Uranium, joint venture partners Fronteer Development Group and Rimfire Minerals along with Copper Ridge Explorations.

Fjordland's gold-copper Woodjam Property is located in the Cariboo region roughly 50 kilometres east of the City of Williams Lake and in 2002 three holes established mineralised trends which graded 1.35 grammes per tonne of gold over 58 metres in altered volcanic and subvolcanic intrusive rocks.

 

« Back to the stories

 

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.