Lots of copper in Northern California: but what are the chances of this ever being permitted?
Sheffield Resources to drill 30,000 feet at Moonlight
2006-04-10 13:47 ET - News Release
Mr. David Jenkins reports
SHEFFIELD ANNOUNCES CONTRACT FOR 30,000 FOOT DRILL PROGRAM
Sheffield Resources Ltd.'s wholly owned subsidiary, American Sheffield Inc., entered into a contract for up to 30,000 feet of HQ gauge core drilling at its Moonlight copper project in Plumas county, California. The contract is with Ruen Drilling Inc., a California-licensed company based in Clark Fork, Idaho. Ruen Drilling was selected by American Sheffield on the basis of equipment and footage rates. Permission has been granted by the USDA Forest Service for the expanded drill program, which is scheduled to begin in mid-May after spring breakup.
The initial 2005 drill program was successful in cutting 185 metres (607 feet) grading 0.54 per cent copper and seven grams per tonne silver, followed by a deeper 68-metre-long (223-foot-long) intersection containing 0.44 per cent copper and five grams per tonne of silver. The first drill hole encountered potentially economic-grade copper mineralization at nine metres of depth in bold contrast to depths of 75 metres and 45 metres in the two nearest holes drilled by Placer Dome Inc., the previous operator. The 2005 drill program was halted to avoid potential damage to softened forestry roads occasioned by unseasonable heavy rainfall.
sheffieldresources.com
Located in northeastern California, where the Sierra Nevada and Cascade mountain ranges meet, Plumas County boasts more than 100 lakes, 1,000 miles of rivers and streams with over a million acres of national forest.
With only eight people per square mile, and just three stoplights, this rural, four seasons mountain retreat offers beauty, solitude, and clean air, making it the ideal spot for a quiet vacation.
countyofplumas.com |
