Drilling at Homestake Ridge to Begin in Early July

Homestake Resource Corporation (TSXV:HSR,FWB:B6IH) has been notified by Agnico Eagle Mines Limited of its plans for a $3 million exploration program in 2014, including +7,500 meters of core drilling, at the Homestake Ridge property in northwestern British Columbia. The program is set to commence in early July.

As quoted in the press release:

The 2014 exploration program will start on a potential new mineralized zone called the Slide target, first identified in 2013 and located southeast of the Homestake Silver deposit (see news release NR-10-13, November 26, 2013). Drill holes of the 2014 program will test areas on strike to the southeast and down dip of hole HR13-253, which as reported in NR-10-13 contains a 18.6 metre interval averaging 101g/t silver, including a 0.5 metre interval averaging 1,675g/t silver from 364.4 to 383.0 metres down hole (the true thickness has not been determined yet).

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