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Discovery Harbour (TSXV:DHR) outlines spring program at Caldera Gold Property
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  • Discovery Harbour (DHR) has started a reconnaissance program and received soil samples at its Caldera property in Nevada
  • Primary goals of the program are to identify new targets on underexplored areas of the property and to use modern alteration mapping techniques
  • Recent soil samples taken were on claim corners when the company expanded the Caldera property
  • The company anticipates conducting a drilling program at the core part of the property during the summer
  • Shares of Discovery Harbour were down 6.67 per cent to close at C$0.07

Discovery Gold (DHR) has started a reconnaissance program at its Caldera Gold Property in Nevada, in addition to receiving soil samples.

The spring program's focus is on the northern, underexplored area of the property and has two key goals.

The first is to identify new targets on the underexplored region, while the second is to use modern alteration mapping techniques by using a spectrometer to refine current drill targets.

The program includes reconnaissance, rock chip and steam sediment geochemistry as well as a handheld XRF spectrometer for mineral identification. It also includes wide-spaced soil sampling with results being used to prioritize previously selected drill targets and to identify future drill targets.

"The spring program will be an opportunity to further consider our priority ranking of the drill targets for our summer drill program," Mark Fields, president and CEO of Discovery Harbour, said in a press release.

"The use of a XRF spectrometer will further our current evaluation of where each of the drill target areas is vertically within the low sulphidation epithermal gold mineralizing system. "

Moving forward, the company anticipates doing a drill program on the core part of the Caldera property over the summer. Discovery Harbour submitted its drill permit application to U.S. regulatory authorities sometime last year.

Shares of Discovery Harbour were down 6.67 per cent to close at C$0.07.

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