The program was designed to continue testing three of seven prospect areas defined by anomalous surface geophysical and geochemical characteristics.
The company said target depths of all the six holes were achieved and the Sleeper rhyolite was drilled in two of the six holes.
In addition, the underlying intermediate volcanic rocks were drilled in all holes that revealed argillic and silicic alteration, as well as pyrite-marcasite veinlets and disseminations.
The drilling also indicated that the migration of hydrothermal fluids was controlled by flat-lying breccia zones and high-angle fracture zones.
CMQ Resources and Geologix (US) are exploring this project under ‘Exploration and Option to Enter Joint Venture Agreement.’
