A pair of drill holes recently completed on Explor Resources' PG 101 property, located 45 kilometres northeast of Kirkland Lake, has turned up golden results.
While one hole turned up no significant assays, the other returned 52 grams per tonne gold (g/t) over 3 metres, which includes an interval containing 83.8 g/t over a metre.
Acquired by the company in December 2008, the property involves 101 mineral claims totaling 1,626 hectares, and sits next to the eastern boundary of St. Andrew Goldfields' former producing Holt Mine property, and a few kilometres east of the Holloway Mine property.
A geological survey completed on the PG 101 property in 1988 indicated 11 anomalies, including a large one which the historic reports suggest may be a possible extension of the Holt McDermott orebody.
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