Encouraging results are being announced this morning by Vancouver-based New Destiny Mining Corp. (TSX-Venture:NED), with the start of the 2019 field exploration program on the Treasure Mountain Silver property, located near the B.C. town of Tulameen. New Density has the green light to conduct diamond drilling and trenching within the Property.
New Density’s Treasure Mountain Silver Property covers 10,700 hectares of geologically prospective ground adjacent to Nicola Mining Inc.'s Treasure Mountain Property (site of the historic Treasure Mountain Silver-Lead-Zinc mine). The Treasure Mountain Silver Property hosts at least seven gold, silver, lead, zinc and / or copper B.C. MINFILE occurrences in various regions.
For 2019, NED obtained a permit to conduct diamond drilling and trenching on Treasure Mountain. Based on results of previous years, three areas were selected for follow-up trenching and drilling. The company is now mobilizing to begin construction of drill pads and clearing of trench sites.
Shares in NED approached noon ET on Monday up 1.5 cents, or 11.5%, from Friday’s close to 14.5 cents, on volume of 100,000 shares.
