GJ company to proceed with gold testing
Bullfrog Gold Corp acquired funding to complete shallow drilling and plan metallurgical test programs at its Klondike Silver Project located 40 miles north of Eureka, Nevada, the Grand Junction-based gold mining company announced last week.
Drilling is scheduled to be completed by July 2014. Initial metallurgical tests are scheduled to start soon after final initial results are received and should be completed by mid-September 2014, said David Beling, Bullfrog president and CEO.
At least 50 vertical and angled holes will be percussion-drilled to average depths of 100 feet to explore shallow oxide mineralization identified within an area approximately 3,000 feet wide and 5,000 feet long, Beling said.
“Drilling will focus on five specific areas having the greatest potential and ease of access, namely the Glory Hole/Lion Kill, Black Lizard, Copper Hill, Cougar Hill and Old Whalen Mine,” he said.
These holes were selected based on geochemical sampling and surface reconnaissance work and study of a historic geology report completed by the company. Maps showing the five exploration targets and claim holdings along with cross-sections through the Glory Hole and Black Lizard areas may be viewed at http://www.bullfroggold.com.
During the past few years, 156 geochemical samples have been collected on the Klondike property with average contents of 32 parts per million silver, 1.3 percent zinc, 0.8 percent lead, 0.16 percent copper, 9 parts per million molybdenum and anomalous gold and gallium contents.
“These surface (tests) compare well with geochemical anomalies over major world silver-zinc deposits such as San Cristobal in Bolivia, Penasquito in Mexico and the new discovery of Cordero in Mexico,” Beling said.
Substantial information was obtained from a 1977 geology report that was authored by William Van der Ley, a geologist who lived on the property during the 1970s and explored it for Sundown Mining Company, he said.
Van der Ley performed extensive surface reconnaissance, collected 160 samples, mapped accessible underground workings and supervised shallow drilling and trenching programs, Beling said.
The 1977 report and summaries from programs completed in 1978 and 1979 require validation as the sampling and testing protocols are not available and the information was obtained before current U.S. and international standards were established, he said.