WENATCHEE, Wash. (AP) — A Canadian exploration company is planning to drill holes in search of gold deposits at a site south of Wenatchee.
Lorne Brown of Lovitt Resources tells the Wenatchee World (http://bit.ly/ymf3mW) that crews could begin drilling by late February to extract ore samples.
The Vancouver, British Columbia, company has a permit from Chelan County to drill for core samples through 2012. It plans to drill up to 50 holes, some about a half-mile deep.
Brown says the area contains billions of dollars in gold. Exploratory drilling will take place not far from two gold mines that has produced 1.6 million ounces of gold in a 40-year period that ended in 1992.
Information from: The Wenatchee World, http://www.wenatcheeworld.com