Access To The Historical Mary K Mine

VANCOUVER – Bond Resources Inc. reported that the parallel access tunnel it has been developing has broken through into the Historical Mary K Mine workings at the company’s Mary K mine project, near Elk City, Idaho. The 12′ x 12′ drift was driven 883 ft. (269 meters) and parallel to the #4 level of the historical mine. The new tunnel broke through into the historical Mary K workings.

”We found the historic mine plan map, which was made in the 1930’s, to be very accurate,” said, Joseph Carrabba, President and CEO. “This has given us more confidence moving forward into the rest of the workings.”

According to historical records, the Mary K vein had at least 1,200 ft, (366 meters), of gold-bearing quartz vein on the #4 level, now referred to as the 4225 ft level. Initial evaluation of the historical drift showed it to be heavily timbered with large amounts of collapsed material inside the drift. From what can be observed, the target structure is mostly gouge, with only spotty quartz lenses inside the structure.

Based on this visual assessment, together with the data outlined on the 1930’s mine plan map, Bond Resources plans to extend the main access tunnel another 100 ft (30 meters) further east, still parallel to the old workings. At that point a small access cross-cut will be driven into the vein structure. According to the historical mine plan map, the vein should be thicker and more consistent in this area. In addition, the surrounding host rock should be more stable.

Bond Resources then plans to commence bulk sampling the Mary K vein on the 4225′ level. At the same time, a decline will be developed down to the old #5 level to access the reported high-grade Apex Area.