Contracts Signed For Maiden Idaho Drill Programme
Gaia Metals Corp.(TSX.V: GMC) has received official authorisation from the US Bureau of Land Management (BLM) to carry out the first phase of drilling at the Freeman Creek Gold Property in Idaho.
The company has moved quickly to formally engage Major Drilling America Inc. of Salt Lake City, to carry out the diamond drill programme at Freeman Creek, with first collar anticipated within the next 10 days.
The initial drill programme will be comprised of approximately 5-6-holes for a total of 1,000m of HQ coring focused on the Gold Dyke Prospect.
The Gold Dyke Prospect is the most advanced target on the Property, having been the subject of some initial drill testing in the past, with encouraging results. This includes two mineralised intercepts from rotary drilling completed in the 1980s by St. Joe American Corp., that remain to be followed-up on: 1.5 g/t Au and 12.1 g/t Ag over 44.2 m and 1.7 g/t Au and 17.1 g/t Ag over 21.3 m.
Mineralisation in the drill hole starts from surface and extends to at least 50 m depth and remains to be followed-up with additional drilling. Strong grades of Cu, Pb, and Zn have also been reported, although were inconsistently assayed for.
The diamond drill programme will twin historical rotary drill hole RDH-8 and will also test other targets in the area developed from the recent surface exploration. In addition, the company is planning to initiate a follow-up surface program before snowfall at Carmen Creek, to run in parallel with the pending drill programme at Gold Dyke, which will focus on further surface delineation of the known zone(s) as well as discovery of additional parallel zones.