by Chad Peters
Today we released another batch of exciting assays highlighting Q3 drill results in the CSD Gap area! The 2016 exploration program continues to exceed expectations with PG16-16 “closing the gap” with the Helen Zone to the northwest. We currently have four rigs mobilized at McCoy-Cove with the remainder of 2016 focusing on select Helen and CSD Gap infill and expansion drilling to support the upcoming Q1 2017 resource estimate.
Our team believes the Helen & CSD Gap deposit area is a very exciting project with significant exploration and underground production potential. As a result we have initiated the preliminary engineering, geochemical and dewatering studies to meet the anticipated permitting needs as development activities ramp up in 2017. It’s been a very exciting year at McCoy-Cove and we anticipate that momentum to continue into the New Year!