Goldstone Resources Inc. (TSX–GRC) (GRSZF-PK) has announced an update on its Beardmore-Geraldton area exploration in northern Ontario. The focus of the diamond drilling will be at the Key Lake property and is scheduled to begin on June 1.
Goldstone is quoted saying:
“Historical drilling by Cyprus Amax and Placer Dome in the 80′s and 90′s has outlined a 2.5 km long band of gold mineralization that appears to have low grade open pit potential. Goldstone plans to twin some of these historical holes and systematically drill along the 2.5km strike length to explore this potential.”
