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Makena Completes 7 drills holes on the Clone Gold Prospect in the Golden Triangle Region of BC
October 21, 2016 3:01 AM EDT | Source: Makena Resources Inc.
Vancouver, British Columbia--(Newsfile Corp. - October 21, 2016) - Makena Resources Inc. (TSXV: MKN) (FSE: A1KB6R) (OTC: CANSF) (the "Company" or "Makena") is pleased to announce that drilling is now complete on its Clone gold and gold-cobalt property located 12 miles southeast of Stewart in the Golden Triangle region of northwestern British Columbia. Seven drill holes were completed ranging from approximately 125-450 feet in depth. Results from this drill program are expected back from the lab in approximately 4-6 weeks.
Negar Adam, president of Makena stated, "We are eagerly anticipating the results from the Clone Gold deposit. We have had very encouraging results over the years from this property and hope to duplicate this past success at this time. Once the results come back we will be able to formulate the next phase of exploration. We are very optimistic about this drill program. We look forward to what may transpire on the property in the next few weeks. We are pleased to be drilling Makena's most advanced and flagship property once again."
To date, Makena has achieved significant drill results that returned grades of 12.80 m (42ft) of 44.75g/t (1.305oz/t) gold values including 4.87m (16 ft) of 76.80g/t (2.240oz/t). (October 22, 2009) During another phase of a work program the Company completed a 102 tonne bulk sample from which the average grade was 4 oz/t or 137.1 g/t gold over the 102 individually tested one tonne samples. (October 25, 2011)
Makena also recently acquired 4,060 hectares prospective for diamonds in the Athabasca region of Saskatchewan in the direct vicinity of the De Beers' diamond option from CanAlaska Uranium Ltd.
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Contact Information
Tel: 1.604.685.5150
Fax: 1(604) 689-1733
"Negar Adam"
President
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