The latest assays released from a winter drilling program at the Reed-Belanger chromite property near Thetford Mines, Que., leave no doubt the potential for reserves minable by open pit is increasing appreciably, Canchrome Mines reported. The company said the chromiferous zone extends for more than 600 metres and ranges in width from 10 metres near surface to more than 36 metres at a depth of 150 metres. The zone remains open at depth and along strike where hole RB-91-18 intersected the best results to date, Canchrome said.
According to the company, the grade appears to increase to the south and at depth of the old Reed mine, a former chromite producer.
Before the 58-hole program was undertaken, estimated reserves stood at 3.65 million tonnes grading 6.3% Cr2O3, including 2.32 million tonnes in the probable category grading 6.13% and 1.33 million tonnes in the possible category grading 6.6%. The old Red mine hosts an estimated additional 410,000 tonnes of reserves.
Among the intersections cut by RB-91-18 were 4.4 metres of 28.6%, 5.8 metres of 25.3% and 28.5 metres of 16.4%.
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