Goldstone Resources Inc. (TSX:GRC) (PINK SHEETS:GRSZF) reported encouraging results from preliminary shallow drilling carried out on its 100%-owned Leitch-Sand River Mine property in the Beardmore-Geraldton area of Northwestern Ontario.
The press release is quoted as saying:
For 2010, Goldstone is assessing the drill results along with information now available from the recent aeromagnetic survey and anticipates an aggressive drilling program to evaluate at least 14 targets on the Leitch-Sand River property, including the #16 vein which was originally exposed on the 8th level (900 feet) and graded 1.53 oz/t Au over 0.63 feet, with a strike length of 805 feet. Historical mine records indicate that a total of nearly 3,600 tons grading 0.56 oz/t were mined and milled from the #16 vein.
