Braddick, Blue Emerald seeking Norwegian metals

Vancouver-listed junior Braddick Resources has optioned 93 claims covering 26.5 sq. km north of Oslo, Norway.

The claims cover one known massive sulphide deposit, the Skiftesmyr, as well as the on-strike extension of another deposit. The Skiftesmyr is an exhalative deposit with widths ranging from 5 to 50 metres. Preliminary information indicates that both the strike length and downdip extent are greater than 300 metres. The deposit is open in all directions.

As was the case in mining camps such as Bathurst, N.B., several of the current and past producers in the area were focused on iron production at first, turning to base and precious metals later on. As a result of the area’s mining history, milling facilities are readily available, as are adequate power and water supplies and a skilled workforce. Copper and zinc are being mined nearby.

Meanwhile, Blue Emerald Resources (VSE), which shares common management with Braddick, has been granted an option to acquire a gold and base metal property in Norway from a private company.

The mining lease and claims are some 600 km north of Oslo, on a 10-km strike length of stratabound, folded, iron formation on which there have been several past-producing base metal mines.

Gold assaying by the Norwegian Geological Survey obtained values ranging from 1.2 to 27 grams gold per tonne within the stratabound iron formations in the area.