Completes Drill Programme In Saskatchewan
Searchlight Resources Inc. (TSXV:SCLT) has successfully completed its planned drill programme on the Henning-Maloney gold target located six kilometres south of Creighton, Saskatchewan, in the historic Flin Flon mining camp.
The programme of three NQ diamond drill holes totalling 601m has been completed at the past-producing Henning-Maloney Gold Mine. Sampling and logging are continuing and will be completed within a week.
“It is great to have the first phase of drilling complete and the drill on the road to Beatty South”, stated Stephen Wallace, President and CEO of Searchlight.
“The drilling went smoothly, and the core geology closely matches the 1964 historical drill logs, indicating that Searchlight is in correct location to verify the past gold results.”
The diamond drill is currently being transported to the Beatty South VMS copper target, which is located within the Flin Flon North claims, approximately 15 km northwest of Creighton, Saskatchewan, and the historic Flin Flon mining camp.
This pilot drill hole is based on systematic geophysics programs including airborne, UAV and ground surveys. Additional airborne targets have been defined along a four-km strike length and are now being integrated into Searchlight’s Flin Flon North database to determine areas for future ground geophysics follow-up.
“The Beatty South target has the conductance and magnetic signatures typically associated with VMS mineralisation in the Flin Flon – Snow Lake Greenstone Belt,” said Peter Dueck, Director of Searchlight and former Chief Geophysicist for Hudbay Minerals Inc. in Flin Flon, Manitoba.
“In addition, there are other targets identified along this same geophysical trend, so if there is success with the pilot hole, it does open up an entire prospective trend for further exploration.”
