Vancouver — The second phase of drilling at Manicouagan Minerals’ (MAM-V, MCOUF-O) Brabant Lake property, in Saskatchewan, is returning strong grades from an old deposit.
Manicouagan purchased Brabant Lake last year from Longyear Canada. The property includes the Mckenzie zinc-copper-silver deposit, discovered in 1956. The deposit occurs within a homoclinal sequence of northeast-striking gneisses and three stacked zones of sulphide mineralization make up the Upper, Lower, and Hanging Wall zones.
Hole 21, the first hole of the second-phase program, intersected 4.2 metres in the Upper zone grading 3.5% zinc, 0.53% copper, 0.06% lead and 12.3 grams silver per tonne, starting 184 metres down-hole. A few metres lower, the drill hit the Lower zone and cut 8.2 metres of 16% zinc, 0.54% copper, 0.05% lead and 15.8 grams silver.
More recently, the company released the results from hole 28, which returned 3.6 metres from the Upper zone grading 8.6% zinc, 1.4% copper, 0.1% lead, and 37.8 grams silver, starting at 304 metres depth. The drill then cut 9.4 metres of Lower zone mineralization that returned 5.3% zinc, 1.1% copper, 0.3% lead, and 54.9 grams silver.
In 1993, Phelps Dodge (PD-N) completed a small drill program on Brabant Lake, the only work done before Manicouagan came on scene. Manicouagan used the historical data to establish a National Instrument 43-101-compliant inferred resource of 4.86 million tonnes averaging 5.19% zinc, 0.57% copper, 0.28% lead, 22.59 grams silver per tonne, and 0.22 gram gold. Some 75% of the resource is in the Upper zone, in part because, in the previous drill program, many drill holes stopped short of the Lower zone.
To date, Manicouagan Minerals has drilled 9,000 metres on the project. The second phase of the program, which began in June, is expected to consist of 12,000 to 15,000 metres of diamond drilling. Manicouagan has rented a lot from the community of Brabant Lake and will be establishing a long-term core logging, sampling and storage facility there.
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