UPDATE: Kesselrun Resources Announces Initial Drill Results at Bluffpoint; Shares Fall 15% Mid-Morning
Kesselrun Resources Ltd. (KES.V) today announced the initial results from its ongoing diamond drilling program at its flagship Bluffpoint project in Northwestern Ontario.
0.91 g/t Au over 21.7 m., including 1.24 g/t Au over 14.3 m, and including 9.28 g/t Au over 0.7 m.
0.90 g/t Au over 11.0 m., including 1.14 g/t Au over 7.9 m.
0.70 g/t Au over 10.0 m., including 0.86 g/t Au over 6.0 m.
Nine drill holes have been completed to date totalling 1,762 metres of the ongoing drill program. Widespread alteration including quartz, albite, chlorite, carbonate, hematite, magnetite and pyrite has been encountered throughout all holes drilled to date.
Kesselrun is down 7 cents to 38 cents, on volume 11,000.
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