OK2 Minerals (OK.V) has completed a sampling program on its large Pyramid project in British Columbia, and this program was aimed at mapping the East and West Zones, but has led to the discovery of two new zones, Chili and Zone 37. At Zone 37, one of the company’s samples returned a gold value of almost 83 g/t with 0.47% copper, but the other sample on this zone was also pretty good with 0.23% copper and 0.57 g/t.
The Chili zone seems to be pretty big and the company estimates the footprint to be 15 square kilometers (and this also was the reason why OK2 had to increase the size of its land package at Pyramid (as announced last month). The sampling program confirms the potential of the Pyramid project as several drill targets have now been defined.
OK2 has now started a reverse circulation drill program on the West zone which will consist of 5-10 drill holes. This preliminary drill program will be used as a reconnaissance program to prioritize the hot spots for a follow-up drill program with diamond drilling. Four holes have already been completed and a fifth one is currently being drilled albeit at a slower pace due to the winter starting to hit British Columbia.
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The author has a long position in OK2 Minerals. OK2 Minerals will become a sponsor of the website. Please read the disclaimer
