- Gelum Resources Ltd. is targeting high-grade, orogenic gold-sulphide vein systems and/or breccias located along regional faults.
- The most recent drill programme, from 2011, was the most successful, in that every hole hit multiple >1 g/t Au intersections, despite not targeting high-grade gold mineralized structures at surface: a more focused approach is clearly expected to yield better results.
- The Company has identified five high-priority geochemical targets and has recently completed a geophysical survey (VTEM) in May 2022.
- A Notice of Work has been filed with the B.C. government for a 3,000m drilling campaign planned for late summer of 2022.
- Management is proud to have developed an excellent working relationship with the Bridge River Indian Band (Xwísten), including an exploration agreement that covers the Multi-Year Area Based work permit (MYAB), which has been filed under the Company’s profile in SEDAR.
- The Xwísten agreement will allow full access to the Company’s tenures until a NI 43-101 Feasibility Report is produced.