LABRADOR NEWS ROUNDUP — Takla Star reports gossan find

Gossans containing nickel, copper and cobalt mineralization have been reported by an exploration crew checking an electromagnetic conductor on a property held by Takla Star Resources (ASE) southwest of Nain.

Airborne electromagnetic and magnetic surveys located a conductor about 2.4 km in length. A ground crew found two mineralized gossans near the inferred location of the conductor and grab samples had maximum concentrations of 0.41% nickel, 0.15% copper and 0.07% cobalt.

NDT Ventures (VSE) is performing the work and can earn a 51% interest in Takla Star’s holdings in the Voisey Bay area by spending $2.5 million and issuing 600,000 of its shares to Takla Star.

Print

Be the first to comment on "LABRADOR NEWS ROUNDUP — Takla Star reports gossan find"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close