Starting in early May the majority of the multiphase program will focus on expanding the extent of the high-grade zones in the Iceberg deposit, with a sizable portion directed towards exploring other prospective Carlin-type gold systems on the property, principally the Avocado, VIO and Jasperoid Basin gold anomalies.
The circa 40-hole program is scheduled for completion late August/early September.
The Iceberg is classic Carlin-type oxidized gold deposit extending along a 3,000-meter structural corridor of gold mineralization with an established exploration target of 90-110 million tonnes of 0.9 to 1.1 grams of gold per tonnei.
Located in the Cortez gold-trend of Nevada, the Iceberg is on trendii with three of Barrick Gold’s multi-million ounce gold deposits that are amongst its largest, lowest cost and politically safest mines in the world.
