Symbol: LVN.V Last Trade: 0.090 High/Low: 0.090 / 0.090 Change: even Frankfurt: L09 US OTC: LVNVF
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Untapped Target Near the Pipeline Mine

Location: Cortez gold trend, Lander County, Nevada.
Area: 168 hectares (416 acres)
Ownership: Levon Resources 1/3; Coral Gold Resources 2/3
Minerals: Gold, silver
Status: Exploration


Ruf Claims Overview

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Located about 1.5 miles northeast of the Pipeline mine, Levon's Ruf claims have produced encouraging results in both geophysical surveys and drilling since the 1980s.

We completed a 6-hole, reverse-circulation drill program totaling 3,000' in 1995. This work tested a strong NW-oriented EM/resistivity anomaly which was interpreted as a sulfide-filled fault zone. The drilling returned three narrow intervals containing low-grade gold values that reached up to 40-ft-thick averaging 0.018 oz Au/t, from 185 ft.

A follow-up program of detailed ground geophysics and drilling has been planned. We expect work to begin in 2007.

 
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