Canadian Goldfields Discovery (CGM.V) expects to begin its inaugural, fully funded 1,500 meter diamond drill program at its 100%-owned Swayze Central Gold Project in Ontario on July 21, it said Tuesday.
The drill program will test new targets identified through the company's ongoing geological review of historic data while also evaluating selected historical drill intercepts, said the company.
"Exploration activity at Swayze Central is rapidly advancing on multiple fronts, with drilling commencing alongside our ongoing soil sampling program," said Vice President Exploration Ian Dasti.