Teras Resources Inc. (TSXV:TRA,OTQCX:TRARF) announced that the National Drilling Company has completed the mobilization process and begun reverse-circulation drilling and diamond drilling operations at Teras’ California-based Cahuilla gold-silver project. At this point, Teras’ focus is on discovering deeper high-grade feeder vein targets.
As quoted in the press release:
Drilling began with hole CAH-303 which was pre-collared by the reverse circulation drill to approximately 60m (200′) and cased to total depth. The hole was then re-entered by the diamond drill which has now reached a depth of about 305m (1000′). Technical personnel on site have informed the Company that core drilling is progressing exceptionally well, while almost 100m (320′) of core was recovered the first day with excellent core sample recoveries approaching almost 100%. Thus far in the hole, the core is very strongly altered from the surface to depth and includes an intercept of intensely silicified and veined fanglomerate from 85 to 213m (280-700′).
CAH-303 will be drilled to a depth of up to 600m or possibly more depending upon the down hole geology and alteration. CAH-304 is currently being pre-collared by the reverse circulation drill and diamond drilling will begin as soon as CAH-303 is completed. Reverse circulation drill samples are being collected by Mr. Paul Stubble, Project Geologist and Manager, split on site, placed in sample bags and delivered to Inspectorate Laboratory in Reno, Nevada for gold/silver analysis. Core samples are also being collected on site, placed in boxes, photographed, split in half by a rock saw and one half will be analyzed by Inspectorate Laboratories in Reno.