Business
Exploration Gears Up for the Rio Gold Zone, Poundmaker Property - Bissett Mining Camp
Exploration Gears Up for the Rio Gold Zone, Poundmaker Property - Bissett Mining Camp.
About this update from Fuse Battery Metals Inc
[{"type":"text","content":"\n\n\n\n\nWINNIPEG, May 23 /CNW/ - Wildcat Exploration Ltd. (TSX-V:WEL) has\ninitiated an aggressive exploration program on the Rio Gold Zone within its\n100% owned 156 square km Poundmaker Property in Manitoba. The program includes\nintegrated geological mapping, prospecting, geophysical and geochemical\nsurveys on the Rio Gold Zone (\"RGZ\"). Exploration is underway to follow up\nprospects and showings developed over the past year.\nThe RGZ is a newly discovered gold zone contained within the very large\nand underexplored Poundmaker Property. It is located in the northwestern\nportion of the Property, 19 km northwest of Bissett, Manitoba. The Poundmaker\nProperty is the largest contiguous land package in the Rice Lake Belt. The\nPoundmaker Property is also host to additional mineralized zones including the\nPoundmaker Gold Deposit, the Clinton Shaft and Adit, the Saxton Lake\nDeformation Zone, the Gold Creek Shear Zone as well as numerous other gold\nprospects.\nThe RGZ occurs within an underexplored area of the Poundmaker Property\nthat is host to many high-grade gold showings. The proximity of some of these\nprospects suggests the area may be part of a larger continuous mineralized\ngold system; detailed surface exploration will test this hypothesis.\nPreliminary work conducted last year in the RGZ area has produced encouraging\nresults. During the 2005 field season, thirteen showings were discovered\nwithin an area 2.5 km by 1.5 km (press release dated September 23, 2005).\nSignificant assays from the 2005 summer field season are presented in the\ntable below (press release dated September 23, 2005):\n\n>\n\n\n\n","length":6198,"tagName":"div"}]