Risk and valuation analysis of the Davidson Project |
Status Risk : Advanced discovery |
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Title(s) of the Davidson Project |
| New Gold Inc. Interest: 75% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Davidson Project |
Situated in the Nechako Plateau region, the property is accessible by secondary logging roads, and located approximately 110 kilometres southwest of Vanderhoof and approximately 20 kilometres northeast of the 3Ts Project.
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History of the Davidson Project |
Previous work by several parties since the late 1970s includes 31 diamond drillholes and 34 rotary drillholes, which defined a substantial gold-silver system over an area of about 1000 x 700 metres.
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Geology of the Davidson Project |
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Approximately 500 metres to the northwest of the above gold mineralisation there occurs a separate low-grade silver zone. This zone is interpreted as a shallow, flat-lying body up to 70 metres thick, and remains open in several directions, with average grades in the range of 25 to 40 g/t silver.
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