Monday, 24th July 2006 (2535 views)

Exploration work at the Horseshoe site has yielded positive results for Enterayon, the company has revealed.

The investigations proved the presence of new bedrock and float gold and silver mineralisation within the area.

Looking at a strike length of 1,300 feet, the firm found high grade samples to a width of ten feet, with the possibility of a south-easterly extension.

In addition, the exploration team found further potential sites on the property at the Washington and Prince George zones which will be investigated further.

The Horseshoe Property consists of a 1,400 hectare area and has so far generated sample gradings of 42.37 grams per tonne of gold.

 

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