Near the Pipeline MineThe RUF Claims, operated as a joint venture with Levon Resources, are situated northeast of the Cortez (Pipeline) mine and mill complex.
In 1995, Levon Resources completed a 6 hole RVC program (RF-95-1 through 6), totaling 3,000 ft, on the RUF claims approximately 1 to 1.5 miles south of Triplet Gulch (Figure 3). This drilling tested a strong NW-oriented EM/resistivity anomaly which was interpreted as a sulfide-filled fault zone. The drilling returned three narrow intervals containing low-grade gold values that reach up to 40-ft-thick averaging 0.018 oz Au/t, from 185 ft. A follow-up program of detailed ground geophysics and drilling should be considered for this shallow pediment-covered area.
Coral's projects are under the supervision of Chris Sampson, P.Eng, BSc, ARSM Coral Gold VP and Director, who is a qualified person within the context of National Instrument 43-101. Mr. Sampson has reviewed and approved the technical data herein.
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