With positive assay results in hand, Diadem Resources (ME) is busy preparing for winter on its property near Pekan River, Labrador.
Diadem is setting up a winter base camp in order to facilitate winter line cutting and geophysical surveying. Diamond drilling is scheduled for November.
Samples from the property returned values of 0.46-1.43% copper, 0.17-0.72% nickel and 0.02-0.04% cobalt.
The sulphide mineralization was observed at the base of a 200-ft.-thick ultramafic sill. The lower contact of the sill, where higher-grade mineralization is expected, is not exposed.
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