Heatherdale Resources Ltd HTR:CA in joint venture with Niblack Mineral Development Inc NIB:CA announced drill results from the Niblack VMS Project in southeast Alaska. Highlights include 1.51% copper, 1.71 g/t gold and 26 g/t silver over 13.4 metres, 2.44% copper, 2.78 g/t gold and 64 g/t silver over 4.6 metres, 3.76% copper, 5.36 g/t gold and 111 g/t silver over 11.7 metres (including 7.01% copper, 10.59 g/t gold and 191.93 g/t silver over 4.5 metres). Heatherdale holds 51% interest in the Niblack project—with an option to acquire up 70%—and is the project operator.
Heatherdale President/CEO Patrick Smith commented, “We are rapidly advancing our knowledge of the geology and mineralization on the Niblack Project with the ongoing two-rig underground drill program. I am very impressed that the aggressive 2010 drill program has not only extended and expanded upon the Lookout Zone mineralization but has also encountered significant high-grade intervals as exemplified in drill hole U103. I am also very encouraged by the excellent thicknesses returning very good copper grades, plus significant gold, zinc and silver by-products that continue to be represented in the drill hole intercepts from the Lookout Zone. Another key result is evidence that the mineralization occurs as stacked sequences of replacement and massive sulphide zones. This combination adds both grade and tonnage to the deposit.”
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Heatherdale Resources Ltd
by Ted Niles