Shortly after the opening bell, Hunt Gold Corp. confirmed the collaring of the sixth drill hole in the current drilling program at its Mockingbird Gold Project in Arizona. As of Sunday evening, January 11, 2009 the drill hole was 57 feet deep and was in Precambrian gneiss.
According to the press release, the 6th drill hole is located at the Dandy Gold Mine with an azimuth of 160 degrees (S 20 degrees E) and an angle of -50 degrees. The company anticipates encountering the altered and mineralized zone at 100 to 120 feet, if the dip holds true to the 65 degree dip observed at the surface and in the Dandy Glory Hole. The bore hole will test for gold mineralization 100 feet down from the surface outcrop of the vein.
According to historic mining literature, a blind vein containing high grade gold ore was discovered by a crosscut during past mining. The current drill hole will test for the blind vein in both the hanging wall and in the footwall. Once the hole is completed, the drill rig will be moved forward and a parallel seventh hole will be drilled at the same angle and target, with the mission of intersecting the mineralized zone 50 feet down dip from the 6th drill hole. This will test for continuity of mineralization. This drill program will be completed by the drilling of this seventh hole.
The Company’s Project Geologist, Ed Huskinson, will now begin his work on the completion of the geochemical work on the portion of the Mockingbird Gold claim block that was formerly explored by Anaconda while he waits for assay results from the current drill campaign. Once he has finished his geochemical work on the Mockingbird Gold claim block, additional drill targets will be identified for the next drill campaign to commence in February of 2009.
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