Eagle Plains Resources (TSX-V:EPL)(Pink Sheets: EGPLF) and Providence Resources Corp. (TSX-V: PV) are pleased to announce that drilling has started on their Iron Range JV project located near Creston, British Columbia. FB Drilling has been retained to complete 8 to 10 diamond drill holes (3,000 meters) in the Canyon, Row, 6 Mile, and Arrow East target areas.
The objective of the drill program is to test high-priority target areas for Sullivan-style lead-zinc-silver mineralization as well as gold mineralization similar to that intersected in the 2010 Talon Zone gold-silver-lead-zinc discovery. Exploration drilling will be executed according to the table below.
|5||1,100||Canyon||Gold-Lead-Zinc-Silver||2km by 2km arsenic + lead and zinc anomalies|
|3||900||Talon||Gold-Lead-Zinc-Silver||Southern margin of Canyon Zone, drill test IP geophysical anomalies associated with and along strike of Talon Zone.|
|3||1,100||Row||Lead-Zinc-Silver||5 kilometer-long lead+zinc soil anomaly. 3 VTEM geophysical anomalies are slated for drill-testing.|
Iron Range Exploration Highlights
- Talon Zone Gold-Lead-Zinc-Silver Discovery (2010-2011)
- Talon Zone Surface IP Survey (2011)
- Historical Soil Survey compilation including over 14,000 soil samples (2011)
- VTEM and ZTEM Airborne Geophysical Surveys (2012)
- Completion of Fugro Airborne Gravity Survey (results expected April, 2012)
- Geological Compilation refined location of Aldridge Lower Middle Contact (2011)
2012 Exploration ProgramThe objective of the Phase 1, 2012 program is to systematically evaluate all existing exploration data, including newly-acquired geophysical data, followed by field evaluation of all resulting anomalies, and ultimately drill testing the highest priority targets.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV