Follow-up ground work by NDT Ventures (VSE) on the Kingurutik Lake property of Lucero Resource (VSE) has outlined gossans containing sulphides and associated graphite.
Mapping and prospecting identified two gossans up to 35 metres wide, which are exposed intermittently over a strike distance of 3 km. The zones are reported to contain disseminated pyrite, pyrrhotite, chalcopyrite and graphite. While the structures are anomalous in copper and nickel, local lenses of massive sulphides have returned values of up to 1.44% copper, 0.68% nickel and 0.14% cobalt.
Lucero’s consultant, J.S. Vincent, reports the property is underlain by a package of rocks, which includes a layered complex greater than 100 metres thick dipping 30! to the northeast. The rocks range from fine-grained, granular, almost gneissic phases to dark gabbros and norites.
Sampling and ground geophysics are planned for Kingurutik Lake, which is 42 km northwest of Nain. NDT has also applied for a drill permit. The company is earning a 51% interest in Lucero’s 27 claim blocks in the region by spending $2 million over four years.
Preliminary reconnaissance work on the Anaktalik River property, 36 km west-southwest of Nain, has identified a west-northwesterly-trending gossan which is traceable for 3 km.
It extends westward on to the neighboring property of Tapestry Ventures (VSE) and Portman Explorations (VSE).
Airborne geophysics over the Voisey Bay claim block, about 7 km southeast of the Voisey Bay discovery zone, outlined anomalies in five distinct areas. NDT plans to follow up work carried out in three of these areas.
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