A massive sulphide project in Portugal will provide an exploration focus for Redfern Resources (RFR-T) while engineering and permitting work continue at the Tulsequah Chief property in northwestern British Columbia.
Redfern recently announced that an initial 3,000-Metre drill program will test previously intersected base metal mineralization at the Estacao massive sulphide project in Portugal. This program is scheduled to begin once the concession contract is formally approved by the Portuguese government.
Redfern is one of four Canadian companies earning a 60% interest in the project. The largest stake in the Canadian partnership (50%) is held by Auspex Minerals (APJ-V), with Redfern and two other juniors each holding 16.6%.
Closer to home, Redfern will soon file a revised project report for its wholly owned Tulsequah Chief project in support of its approval certificate.
A decision on permitting is expected by year-end.
A former producer, Tulsequah Chief is reported to host diluted, minable reserves totalling 7.9 million tonnes grading 6.35% zinc, 1.27% copper, 1.18% lead, 2.42 grams gold and 100.91 grams silver per tonne. The deposit is still open at depth.
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