LABRADOR NEWS ROUNDUP — Tapestry readies Seahorse for drilling

Exploration work on the Seahorse Lake property, 150 km southwest of the Voisey Bay discovery in Labrador, is returning encouraging results for Tapestry Ventures (VSE).

Follow-up work on a copper-in-soil anomaly outlined a 55-metre-long by 5-metre-wide outcrop of ultramafic volcanics containing stringers of massive pyrite and chalcopyrite.

Seven samples taken from the outcrop returned values ranging from 0.26% to 0.44% copper and 0.1% to 0.13% nickel.

Line cutting, soil sampling and geophysical surveys on the remainder of the property outlined a number of copper-zinc soil anomalies. The company is waiting for results from the geophysics, which will be used to prioritize drill targets.

A winterized camp has been established, and Tapestry plans infill linecutting and geophysical work over ponds in the area of the main zinc-copper showing before drill targets are finalized.

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