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Yellowhead Mining Reports Step-Out and In-Fill Drill Results

Investing News Network
Feb. 21, 2012 10:12AM PST
Base Metals Investing

Yellowhead Mining Inc. (TSX:YMI) reported results for “step out” holes drilled following the completion of resource drilling to further investigate mineralization along strike, down dip and at depth.

Yellowhead Mining Inc. (TSX:YMI) reported results for “step out” holes drilled following the completion of resource drilling to further investigate mineralization along strike, down dip and at depth. The holes were positioned to the east and west of the proposed pit limit, and two additional in-fill holes were drilled near the centre of the deposit, to support the block model estimates and provide increased confidence in the resource estimate in that area.

As quoted in the press release:

Holes HC11-120 and HC11-121 are part of a three-hole fence (including historical hole NH-10 at the western limit of the resource on Section 303580E.  The holes intersected two mineralized zones indicating the potential to expand the resource to the west.
Hole HC11-123 is part of a seven-hole fence near the centre of the deposit on Section 304600E.  This infill hole supports the block model estimates from the PEA and increases confidence in the resource estimate.
Hole HC11-125 is part of a five-hole fence near the centre of the deposit on Section 304720E.  As with hole HC11-123, this infill hole further supports the block model estimates from the PEA and increases confidence in the resource estimate.

Hole HC11-124 is part of a six-hole fence near the eastern edge of the PEA pit limit on Section 305620E. It is collared 118m south of Hole HC11-87, the best hole drilled to date on the property, with 242. 52m @ 0.39% Cu, announced on May 27, 2011. This infill hole demonstrates the potential to expand resources at depth and to the south, as well as increasing mineable tonnage below the PEA pit bottom.

Yellowhead Mining President and Chief Executive Officer, Ian Smith, said:

“These results confirm our previous hypothesis that the ore body is open along strike, down dip to the north and at depth.  Also, the in-fill drilling shows the high degree of continuity of the deposit and confirms the projection of resources in the PEA in areas previously sparsely drilled.”

Click here to read the Yellowhead Mining Inc. (TSX:YMI) press release
Click here to see the Yellowhead Mining Inc. (TSX:YMI) profile.

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