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Calico Resources Commences 2012 Exploration Program at Grassy Mountain

Investing News Network
May. 01, 2012 10:01AM PST
Gold Investing

Calico Resources Corp.(TSXV:CKB) announced that it has commenced its 2012 exploration program at its Grassy Mountain project. The 2012 project will test additional gold occurrences on the claim group.

Calico Resources Corp.(TSXV:CKB) announced that it has commenced its 2012 exploration program at its Grassy Mountain project. The 2012 project will test additional gold occurrences on the claim group.

As quoted in the press release:

The targets to be tested include: Deeper drilling to intersect the “boiling horizon” (higher grade-gold mineralization) in three areas containing surface sinter, and or, pervasive silicification; interpreted structural-controlled “feeder zones” and a potential down-faulted extension in the Grassy Mountain resource area.

Calico, VP of Exploration, Vance Thornsberry, said:

We are extremely pleased with the progress at Grassy Mountain. Development of the geologic model is a major step forward in our pursuit of identifying a new discovery at Grassy. We look forward to drill testing these targets while continuing our exploration of the main deposit.

Click here to read the Calico Resources Corp. (TSXV:CKB) press release
Click here to see the Calico Resources Corp. (TSXV:CKB) profile

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