The Conversation (0)
Franconia Minerals Corporation (TSE:FRA) reports results from the 2010 drilling program completion at the Birch Lake deposit, Minnesota. All drill holes are located on the margin of the Birch Lake deposit and were stepped out approximately 500 feet from previous holes. Brian Gavin, President and CEO of Franconia Minerals says: “We are very pleased with the results from […]
All drill holes are located on the margin of the Birch Lake deposit and were stepped out approximately 500 feet from previous holes.
Brian Gavin, President and CEO of Franconia Minerals says:
“We are very pleased with the results from this year’s drilling campaign. These results continue to verify and extend the mineralized zone to both the east and west of the central part of the resource as well as to the south.” “We remain optimistic that this drill program will provide us with a sufficient Indicated Resources for mine planning purposes and, importantly, also demonstrates that our drilling still has not reached the margins of the mineralized zone. A new 43-101 compliant resource estimate is currently underway.”
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