Two more holes on Canmine Resources’ (CDN) FER property north of Flin Flon, Man., have intersected narrow lenses of polymetallic massive sulphide.
Holes FER-5 and FER-6, collared 165 ft. apart, returned values of up to 4.2% zinc over 8.7 ft. and 2.5% zinc over 4.2 ft. respectively. Results from hole FER-5 include a 4-inch section grading 17.5% zinc.
Although assays from FER-7 are pending, the hole intersected the same layered sequence that returned high-grade gold values in hole FER-3 (T.N.M., Mar. 23/92). The gold occurs within a schist, not in quartz veins. Meanwhile, Canmine has also started drilling on its Rose property, 25 miles south of Flin Flon. The property contains gneissic rocks similar to those that host the nearby Namew Lake nickel mine.
The current program will test a pyrrhotite formation lying next to a layered sulphide-bearing ultramafic unit. Canmine believes a nickel deposit could lie at the intersection of the two units.
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