Gold exploration to resume on POW

Posted: Sunday, August 30, 2009

KETCHIKAN - The CBR Gold Corp. said gold exploration will resume early next month at the Niblack project on Prince of Wales Island.

Derek Iwanaka, manager of investor relations for CBR Gold, said equipment and supplies have been barged to the Moira Sound site about 30 miles southwest of Ketchikan.

The 25,000-foot drilling program will assess the gold, silver, copper and zinc resources.

No actual mining is planned.

Iwanaka said exploration could last through December.

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