WCB Resources (TSXV:WCB) announced that auger sampling has confirmed the presence of anomalous molybdenum and other metals at its Papua New Guinea-based Quartz Mountain project.
As quoted in the press release:
Results from these soil samples on the western area covering the Quartz Mountain Prospect returned individual highs for gold of 4.26 g/t, silver of 2.80 g/t, Mo of 60 ppm and lead of 3390 ppm.
WCB’s President and CEO, Cameron Switzer said:
Target Area 2 – Quartz Mountain, is defined by impressive molybdenum, lead and gold results which clearly indicates a classic intrusive related hydrothermal system in this environment.