Epithermal quartz-sericite adularia Au,Ag
The Columbia Project is a high-grade, near-surface, epithermal system located only 15 km SE of Lincoln, MT and 5 km from highway MT-200.
The Project was mined for gold and silver in the early 1900's and has seen numerous phases of exploration. The last phase of drilling was completed in 2012 and produced a PEA stage resource. 319 drill holes totaling 43,456 m of drilling were completed, with the deposit generally open below 100-150 meters depth and along strike.
The historical resource estimates document up to 1.6 million oz Au (with appreciable Ag).
The most recent drill holes (2012) highlight the exploration potential, results include:
COL12-001 - 57.6 m of 2.09 g/t Au, 13.2 g/t Ag
COL12-002 - 151.5 m of 1.72 g/t Au, 15.3 g/t Ag
COL12-003 - 148.5 m of 1.4 g/t Au, 5.2 g/t Ag
Significant potential to expand the resource at Columbia, beyond the historic 1.6 Moz Au, exists both at depth and along strike.
Infill drilling will be required to confirm and upgrade the existing resource
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