ABR:CA provided an update on its summer exploration program at the Deep Creek Project, north of Elko, Nevada. Assays reveal 1.03 g/t gold over 3 meters, 3.70 g/t 18 meters (0.11 oz/ton over 70 feet), 3.92 g/t over 2 meters and 2.01 g/t from 1 meters.
Formerly called Millionaria, Deep Creek was explored initially in the mid-1980′s, producing an estimated reserve of 477,000 ounces of gold, and a resource of 70,000 ounces. Recent drilling confirmed that gold mineralization is at approximately the same meterage intervals, with similar grades, as the historical data.
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