Levon Resources Ltd. has commenced a drilling program on its Congress property located near Gold Bridge in southwest British Columbia, Canada.
The program will consist of 2,000 metres of drilling on both the Lou and Howard zones in the areas planned for underground development and will be aimed at increasing the known resources to a minimum of 500,000 contained ounces of gold.
The current program is the second phase of an extensive three-phase program. The first phase consisted of trenching and six NQ diamond drill holes totalling 1,060.68 metres. The results of the first phase extended the Lou zone by 500 metres and increased its resources, and located a new and very encouraging zone called the Golden Ledge. Trenching on the Golden Ledge exposed a one- to 1.5-metre-wide silicified fault zone with gold values up to 26.4 grams per tonne (g/t) Au (0.848 ounce per ton Au) over 1.2 metres.
Both surface and underground exploration at Congress have developed the following resources:*
Zone Tonnes opt g/t Category
Howard 273,402.5 0.264 8.20 Inferred
Howard 25,909.0 0.367 11.40 Indicated
Howard 40,192.0 0.280 9.68 Measured
Lou (underground) 189,548.0 0.350 10.90 Inferred
Lou (open pit) 124,300.0 0.077 2.40 Inferred
Congress 106,678.0 0.238 7.40 Indicated
*From "Trenching, Drilling and Metallurgical Testing on the Congress Property" -- David St. Clair Dunn, PGeo, National Instrument 43-1-1 compliant, November, 2005.
The Congress property covers 2,433 hectares (6,012 acres) in British Columbia's historic Bridge River region, and is easily accessible by automobile from Vancouver. Congress has produced numerous gold discoveries over the past 30 years, and lies just 11 kilometres north of the historic Bralorne-Pioneer gold mine. The Congress property's geological structures are roughly the same distance from the Upper Cretaceous-Tertiary granitic Bendor intrusions as those of the Bralorne-Pioneer mines. The Bendor intrusions are a postulated source for the gold mineralization at the Bralorne mine.