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Finlay Minerals (TSXV:FYL) is planning a 2022 drill program on the Equity East, Allin and Gaul Zones after the company drilled 76.57m at 0.45 percent copper, 14.6g/t silver, and 0.14g/t gold in the Gaul Zone on the Silver Hope Property. Finally Minerals CEO Robert Brown is determined to advance the property towards building a mineral resource.
#mining #investing #BC
“The Silver Hope has the same rock types as the Golden Triangle for the North and BC. What we’ve been looking for is copper, silver, and gold on the silver bowl. We have been focused on finding deposits, both to the south of Equity Silver which we refer to as Gold Zone, and now to the east. We’ve had drill campaigns in 2021, which have been quite successful,” said Brown.
He added that they are currently finding shallow mineralization in basically an open pit configuration. The company is slated to do some infield drilling after completing soil geochemistry induced polarization geophysics and airborne magnetic survey.
Last year, Finlay commenced a diamond drill program along the MAIN Trend and completed the Induced Polarization (“IP”) geophysical survey over the Equity East and Allin Zones on its Silver Hope Property located approximately 70 kilometers southeast of Houston, BC, and surrounds Newmont’s former Equity Silver Mine.
“What we’ll do in 2022 is some infield drilling and expansion drilling to the south and some metallurgical work. We will look into recoveries and if everything works out, we’ll put together a mineral resource as well.”
“We’d like to build out a mineral resource. We’re an exploration company, we’re not miners. We would sell the asset depending on how it all came together.”
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