SEA:CA reported assay results from its Courageous Lake project in the Northwest Territories. Highlights include 3.33 g/t gold over 41.5 metres, 3.16 g/t over 25.9 metres, 4.23 g/t over 24 metres, 6 g/t over 10.5 metres, 3.86 g/t over 49.3 metres and 4.91 g/t over 40.5 metres.
President Rudi Fronk commented, “Our 2008 Preliminary Assessment on Courageous Lake demonstrated that the Felsic Ash Tuff deposit has outstanding economic potential at current gold prices. The issue is to upgrade the deposit’s large inferred resource. We have now drilled 22 consecutive holes this summer containing significant widths of gold mineralization well above the resource cut-off grade.”
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by Ted Niles