ONTARIO – METALCORP, based in Thunder Bay, reports that a 4.4-metre section of core from its Big Lake project assayed 8.2% Cu, 2.7% Zn, 140.0 g/t Ag and 1.0 g/t Au. The core was recovered between 107.0 to 111.4 metres below surface. The property is located 10 km southeast of Marathon and 10 km southwest of the Hemlo gold mines.
MetalCORP described the mineralization as a copper-rich Archean VMS system. Photos of drill core and maps may be examined at www.MetalCorp.com.
The Big Lake area was explored in the early 1980s after the discovery of the three rich Hemlo gold mines. No significant results were reported, and little additional work was done until MetalCORP began exploring in 2004. This summer the company is reporting promising results from the current drill program of approximately 3,000 metres.