American Bonanza Gold Corp

Previous Work

In 1997, following a program of geophysical surveying, Cyprus Canada Inc drilled two diamond drill holes on the property totalling 310.5 metres. The second hole, MD97-02, intersected massive to semi-massive pyrite mineralization over 13 metres with tourmaline and strong carbonate, sericite, silicification and fuchsite alteration throughout the hole. This resulted in an additional six holes, which intersected three separate auriferous horizons.

International Taurus Resoures Inc acquired the property in 1998 and, in 1999 and 2000, completed 21 drill holes, totalling 3,807 metres (Taurus recently merged with American Bonanza Gold Mining Corp to form American Bonanza Gold Corp). This work further indicated the widespread nature of gold mineralization and suggests that the higher-grade mineralization is contained in veins and shoots, similar to the occurrence at the high-grade Fenelon Gold Project. The best gold assay from this drilling is shown in the Map Gallery on Section 16E and returned 14.4 grams per tonne gold over 4.2 metres.