Niblack Mineral Development NIB:CA and Heatherdale Resources HTR:CA reported results from the Niblack VMS project, southeast Alaska. Assay highlights include 2.71 g/t gold over 10.7 metres, 5.7 g/t over 6.8 metres, 3.09 g/t over 2.7 metres and 2.65 g/t over 5.2 metres. Heatherdale has the right to earn a 70% interest in the Niblack Project.
Heatherdale President/CEO Dave Copeland commented, “The significance of these results is that we’ve now extended the Lookout Zone to both the south and southwest and connected it to the high-grade VMS core that the joint venture discovered earlier this year. All of these results validate our geological teams’ growing understanding of this system, and all of them strengthen our belief that Niblack will support a high-grade underground mine in future.”
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Niblack Mineral Development Inc.,
Director of Corp. Development,
by Ted Niles