Those holes were drilled at the Twin zone on the 412 level of underground workings. The company says a total of 21 fanned underground drill holes were collared from this single drill station to recategorize inferred resources in the deeper footwall rocks. New high-grade veining intersections were discovered by all holes only metres into the underground rock face, all of which returned above-average grades and widths, the company said.
This newly drilled mineralization is open for expansion 25 metres up-dip and for greater than 100 metres down-dip due to a lack of drill hole sampling, according to the company. The westward strike extension is open for 40 metres.
The Phase 3 program is designed to convert inferred resources from the 2020 mineral resource estimate to measured and indicated categories through surface and underground drilling. Solaris is also conducting geotechnical drilling at the project.
Snip contains 539,000 indicated tonnes grading 14 grams gold per tonne for 244,000 oz. contained gold and inferred resources of 942,000 tonnes of 13.3 grams gold for 402,000 gold ounces.
(This article first appeared in The Northern Miner)
