Oceanus Resources Corporation (TSXV:OCN) has completed the first six drill holes for its phase II diamond drilling program at the high-grade La Lajita gold property in Durango, Mexico. For the phase II program, the objective is to test the downdip extension of the high grade clavos at depths between 100 and 300 meters. A table providing details for the first six drill hole was included in Oceanus’s press release.
As quoted in the press release:
The 2014 diamond drilling program will focus on the high-grade Santa Nino and the Dos Hermanos zones, both of which returned excellent results from the first round of drilling in 2013. The objective of the Phase II program is to test the down dip extension of the clavos in the vicinity of where it intersects the contact with the Lower Volcanic Sequence.
The company has identified a number of epithermal, low-sulphidation gold and silver prospects along the NW-SE trending fault which has been traced for over 3 kilometers of strike length on the property. Mapping, prospecting and channel sampling programs will be carried out to assess the potential for trenching and drilling targets.
Nexus Gold Corp. (TSXV:NXS) is currently drilling on the Walker Ridge Gold Project in Nevada - a multiple target, Carlin-type gold exploration property. They have recently submitted an expanded Plan to increase the current 8 pad plan to 29 drill pads.
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