| Announcement Date: | 2022-03-28 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Bond Resources Inc. |
| Project name: | Mary K |
| Location: | United States |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 4.5m @ 16.04g/t Au from 53m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver, British Columbia – Bond Resources Inc. (CSE: BJB) (the “Company” or “Bond”) is pleased to report that it expanded the underground drill program previously announced in November 2021 (refer to news release dated November 16th, 2021). The initial plan to drill 4 holes or 1,100 ft (335 metres) was expanded to 10 holes totalling 2,372.5 ft. (723 metres). “After we received the initial results from the first few drill holes, we realized that drilling a nuggety gold vein would not provide consistent assays in every intercept,” commented Joseph A. Carrabba, President & CEO of Bond Resources. “We therefore increased the number of drill holes to confirm the location and delineate the size of the Mary K gold-bearing structure. This will be paramount for planning future underground exploration workings.” The holes were drilled from an underground drill station situated within an old crosscut on the 4225 level near a three-compartment raise. All 10 holes were drilled below the main 4225 ft level and intersected the Mary K vein/structure with a true width ranging from 6.5 ft. (1.98 metres) to over 12 ft. (3.65 metres). This work confirmed the Mary K |
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