Calico Resources Expands Mineralized Envelope at Grassy Mountain

Calico Resources Corp. (TSXV:CKB) announced that drilling at the Grassy Mountain Project in Oregon expanded the “mineralized envelope” further to the west than previously recognized, with Hole CAL 12R17 successfully testing the continuity of mineralization of the grade/geologic model within the higher-grade “boiling horizon” on the western flank of the deposit.

As quoted in the press release:

Highlights:
5.67 grams (0.166 opt) gold over 65.5 meters (215 feet), starting at 525 Feet.

The results from CAL 12R17 strongly confirm the continuity of the gold mineralization between the older vertical holes, as well as expands higher-grade mineralization to the west. Consistency of mineralization between these vertical holes shows there is not a bias in the drilling orientation (i.e. vertical holes vs. northwest or northeast angle holes).

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