- Discovery Harbour Resources Corp. (DHR) and Newcrest Mining Limited (NCM) confirm that a joint planned drill program at Fortuity 89, Nevada is underway
- Newcrest plans to drill a minimum of eight drill holes and 3,400 metres to test a series of low sulphidation epithermal gold targets on Fortuity 89
- The three geophysical surveys completed showed anomalies consistent between each different geophysical method and the geological and alteration mapping
- Discovery Harbour Resources (DHR) is down 14.29 per cent trading at $0.03 per share as of 2:02 p.m. EST
- Newcrest Mining Limited (NCM) is down 5.87 per cent trading at $21.65 per share as of 2:03 p.m. EST
Discovery Harbour Resources Corp. (DHR) and Newcrest Mining Limited (NCM) have confirmed that a joint drill program at Fortuity 89, Nevada is underway.
Newcrest plans to drill a minimum of eight drill holes and 3,400 metres to test a series of low sulphidation epithermal gold targets on Fortuity 89.
Newcrest implemented a comprehensive safety plan for the drill program, including extensive COVID-19 protocols.
Newcrest completed an initial exploration program in 2021.
The program included a geophysical program magnetic survey, a ground gravity survey and a magnetotellurics resistivity survey as well as mapping and sampling with a soil geochemical program.
The three geophysical surveys showed anomalies consistent between each different geophysical method and the geological and alteration mapping,
Due to this, Newcrest established promising drill targets.
The drill targets are near a limited outcrop on Fortuity 89 and extend into a large plain overlain by a gravel cover.
Newcrest’s program was designed to evaluate the limited outcrop and provide interpreted extrapolations of the geological and structural mineralization controls.
The controls are prospective for concealed gold mineralization below the shallow unconsolidated gravels.
Discovery Harbour is focused on sourcing, exploring, and developing mineral properties in mining-friendly jurisdictions.
Newcrest is one of the world’s largest gold mining companies.
Discovery Harbour Resources (DHR) is down 14.29 per cent trading at $0.03 per share as of 2:02 p.m. EST.
Newcrest Mining Limited (NCM) is down 5.87 per cent trading at $21.65 per share as of 2:03 p.m. EST.
