Company News Summary
ABM Resources Discovers New Prospect with Coarse Visible Gold at Surface
Original announcement: New Prospect with Coarse Visible Gold at Surface
ABM Resources announced the discovery of coarse visible gold at the Golden Hind prospect located 800m south of Old Pirate on the company's Twin Bonanza Gold Camp project. The new prospect is a single outcropping vein ranging from 3m to 30cm in width. The vein has been mapped over a strike length of approximately 400m and continues under shallow cover to the north-west and south-east. To the south-east the vein is interpreted to wrap around an anticline (an arch shaped geological structure) and is structurally analogous to the main Old Pirate deposit. Coarse visible gold was observed in hand-specimen with assays pending.
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