Golden Shield Resources (CSE:GSRI, OTCQB:GSRFF) Executive Chairman Leo Hathaway joined Steve Darling from Proactive to share significant news during an interview with Steve Darling from Proactive. The company is gearing up for a fully-funded diamond drill program set to commence at the Marudi Mountain Property in mid-January 2024. Hathaway revealed that the first hole of the diamond drilling program will primarily focus on testing the vertical extent of the steeply plunging high-grade gold "ore" shoot at Mazoa Hill. Subsequently, the program will shift its focus to exploring new high-potential targets, starting with Pancake Creek.
Golden Shield Resources is in the process of receiving and processing results from the December reverse circulation (RC) drill program conducted at Pancake Creek and other locations. These results will be released and integrated into the company's ongoing exploration plans as they become available. One particularly noteworthy aspect of the upcoming diamond drill program is the plan to drill a deep hole, possibly reaching a depth of up to 950 meters. This deep drilling will specifically target the axis of high-grade gold mineralization. The decision to drill to such depths is based on geological considerations and the desire to extend mineralization further.
Golden Shield Resources' commitment to exploration and their strategic approach to drilling reflect their dedication to unlocking the full potential of the Marudi Mountain Property. The company's fully-funded diamond drill program represents a significant step toward advancing their understanding of the property's mineralization and furthering their exploration goals.