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Message: New Brookbank Gold Zone?

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New Brookbank Gold Zone?

posted on Jun 30, 09 07:36AM

Rumours circulate that Ontex has possibly intersected a gold system, at a depth of over 900 m (3000 ft.), on a step out east of the Brookbank deposit.

If the unsubstantiated rumours are correct the results may provide a material mineral extension to the Brookbank deposit to the east and at depth.

Positive results will impact the 43-101 resource estimate, which is expected to be updated subsequent to the 2009 drill program.

A resource base target growth of 50% or more may be expected, if confirmed.

Ontex will require more drill rigs to systematically test the deposit limits of Brookbank.

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