27 claims (560 acres) 10 miles NNW of Gold Acres and Pipeline Gold Mines
Adjoins the Cortez Hilltop deposit: indicated resource 700,000 oz Au
Underlain by the same formations that host the Hilltop deposits
A series of showings -- (Jet Age Silver zone) occur in the south central part of the JDN claim block
Drilling in 1996 encountered gold values of 0.057 oz Au/ton at 170 - 180' depth, along with associated strong lead, copper and arsenic values. This structure represents a significant target for further exploration both along strike and at depth.
I.P. geophysics on the JDN have successfully delineated structures and zones of strong chargeability. Further geophysics, followed by reverse circulation drilling, have been recommended.
In view of the gold values encountered in drilling and the associated mineralized structure, Coral Gold will explore the JDN claims both along strike and at depth in the future.