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Discovery Harbour Reports the Results of the Fall, 2013 Drilling Program at Wabassi Project, Northwestern Ontario
VANCOUVER , Jan. 15, 2014 /CNW/ - Discovery Harbour Resources Corp. (TSXV:DHR) ("Discove...
About this update from Discovery Harbour Resources Corp.
[{"type":"text","content":"\n\n\nVANCOUVER, Jan. 15, 2014 /CNW/ - Discovery Harbour Resources Corp.\n (TSXV:DHR) (\"Discovery\" or the \"Company\") and its partners, Northern\n Shield Resources (TSXV:NRN) (\"Northern Shield\") and Great Lakes\n Resources LLC (\"Great Lakes\"), a private company, announce that the\n Fall 2013 exploration program, which was initiated on October 4, 2013,\n at their Wabassi Project in Northwestern Ontario ended on December 5,\n 2013 and final assay results from drilling have been received.\n\n\nAs reported in the press release dated December 11, 2013, the program\n had a planned budget of Cdn $1.5 million which was funded by Discovery\n and Great Lakes and was designed to complete detailed geophysical\n surveys and approximately 2,800 meters of drilling (see Discovery News Releases dated October 11, 2013, November 14, 2013\n and December 11, 2013).\n\n\nGround and Bore Hole EM (electromagnetic) surveys were completed on 5\n separate grids and drilling of both surface-derived and bore hole EM\n targets was completed on 3 targets within the Wabassi Project for a\n total of 7 holes, comprising an actual total of 2,881 meters of\n drilling for an approximate total expenditure of Cdn $1.65 million.\n\n\nThe best result was drill hole 13WA-43 where mineralization graded 4.88%\n Zn; 0.6% Cu; 18.9 g/t Ag and 0.183 g/t Au from 314.7m to 328.95m\n (14.22m) on Anomaly \"E\". Other drill holes did not generally intercept\n significant mineralization. However, where drilling failed to explain\n the targeted geophysical responses, volcanic lithologies, typical hosts\n to VMS style mineralization, were intersected. Additionally, down hole\n pulse EM surveys conducted during this program identified a number of\n off hole anomalies that have sufficient intensity and size to merit\n ranking as priority targets for future drill testing.\n\n\nThe targets that were tested are all priority geophysical responses from\n airborne and ground electromagnetic and magnetic surveys. The results\n for each target are described below.\n\n\nAnomaly \"Q\" - Drill holes 13WA-46 (approximately 284m) & 13WA-47\n (approximately 257m)\n\n\nTwo holes, spaced approximately 225m apart, along the axis of the\n conductor, were drilled at Anomaly Q. However the anomaly was not\n satisfactorily explained and therefore bore hole (down hole) pulse EM\n surveys were con...