NEW BRUNSWICK - Mert Stewart has made a new copper-lead-zinc-silver discovery at the Hayden Brook property in the highlands of Central New Brunswick. He is well-known in the exploration industry and recipient of the 1986 Prospector of the Year Award from the PROSPECTORS & DEVELOPERS ASSOCIATION.
This discovery is comprised of angular blocks of sulphide mineralization over a strike length of 900 metres grading up to 0.5% Cu, 6.2% Pb, 1.8% Zn and 96.2 g/t Ag. The sulphide breccia mineralization is associated with quartzite, iron formation and black slate of the Tetagouche Group. Tetagouche rocks in the province host Xstrata Zinc's Brunswick No.12 mine, a 10,000-tonne/day zinc-lead-silver mining and milling complex. The new discovery is 125 km southwest of the No.12 mine and 25 km southeast of the historical Burnt Hill tungsten mine.
Stewart has signed an option agreement with SLAM EXPLORATION of Miramichi, N.B. The company has the right to earn 100% interest in the Hayden Brook claims. A soil geochemistry survey is currently in progress to further define the trend and identify specific targets to be tested. Slam hopes to develop a base metal mine at its nearby Nash Creek property, and the company says the Hayden Brook find complements those plans.
Contact Slam president and CEO Mike Taylor (506-627-1353 or miketaylor@slamexploration.com) for further information.
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