Yellowhead Mining Inc. (CVE:YMI) reports results from the fifth and sixth drill holes of the on-going winter drill program
The press release is quoted as saying:
These holes, HC10-80 and HC10-81 are part of a four-hole fence (including HC10-79 reported on February 2, 2011) near the eastern limit of the resource on Section 305620E. Drilling on this fence was designed to test the eastern limit of the resource model (North and South zones) and continuity of the mineralization along strike to the east, as well as up-and-down dip extensions. Section 305620E ranges from 40 to 120 metres east of the most easterly drill holes (69-H-26, J-11, 96-1 and 96-7) that were used in the resource calculation.
Yellowhead Mining’s CEO, Ian Smith says:
“The results for hole HC10-80 confirms continuity of mineralization within the 2010 NI43-101 Resource pit at the eastern limits of that resource and demonstrates the potential to increase the resource along strike to the east and down-dip to the north. This is strongly supported by the results of extensive aeromagnetic and geochemical surveys and surface mapping and sampling of outcropping sulphides which identify drill targets extending some 3.0km to the east of the current eastern pit limit.”