Field crews on the VBE-1 claim group in the Voisey Bay region of Labrador have turned up disseminated and bleb-type pyrite, pyrrhotite and chalcopyrite mineralization in anorthosite bedrock.
Columbia Yukon Resources, soon to be listed on the VSE, can earn a half interest in the property from International CanAlaska Resources (VSE). The claims are adjacent to, and east of, Diamond Fields’ nickel-cobalt discovery.
Columbia can earn a further 20% by funding the property through to production.
Samples are being analyzed, and geophysical surveys and trenching will be carried out to assess the mineralization further.
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