A 1,000-metre drilling program by equal partners
Six recent holes intersected several stacked zones ranging from 7 to 13 metres in width. These zones, which remain open at depth, appear similar to those cut during last year’s program. The drilling tested for downdip extensions to the northwest. Results from all six are expected in the weeks aheads.
Two holes collared on the Poplar zone confirmed the northwestern dip. Hole L00-14 cut an estimated true width of 7.5 metres to a depth of 13.25 metres below surface, whereas hole L01-16 intersected a seemingly separate zone comprising a 7-metre section that ran up to 15% disseminated and net-textured pyrite, pyrrhotite and chalcopyrite.
On the Main zone, hole L01-15 encountered 7.1 metres of disseminated pyrite and chalcopyrite 60 metres downdip from previous intersections.
Hole L01-13, at the Stonefish Lake zone, extended mineralization 35 metres downdip and returned 12.2 metres of 1-2% sulphides.
Hole L01-12, collared 1.8 km east of the Main zone on an induced-polarization chargeability anomaly associated with the Cross zone, yielded a 4-metre interval of 3-5% disseminated pyrite and chalcopyrite mineralization hosted by a pyroxenite breccia unit.
The partners will perform a 2,500-metre program of follow-up diamond drilling to delineate the Poplar and Main zones and test other targets. Drilling will begin once all data from the current program have been compiled and interpreted.
The drilling is part of a $1-million program being funded by
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