The McFaulds No.8 occurrence lies close to No.3, on a line with No. 1. (Image: Noront Resources)
ONTARIO – Noront Resources of Toronto has drilled good grades and lengths at the recently discovered McFaulds No.8 volcanic massive sulphide occurrence in the Ring of Fire, near James Bay.
A single, 566-metre hole (MCF-17-89) was drilled up-dip from the discovery hole in the Main zone. The most recent hole assayed 1.1% copper, 1.7% zinc, 10.9 g/t silver and 0.4 g/t gold over 10.9 metres of massive sulphide. The sulphide intersection has a zinc-rich top, copper-rich core, and zinc-rich base. A satellite lens 13 metres below the Main zone also exists.
Electromagnetic surveying of hole 89 indicated that the strongest conductance is off-hole and up-dip to the northeast. The company believes that shallower drilling along the same horizon has a good chance of cutting continued mineralization.
Noront’s EM program included 17 historic holes near known VMS occurrences. Results indicate potential down-plunge continuity in many of the known occurrences. These results and the assays from McFaulds No.8 will guide targeting for the winter 2018 drill program.
More information is available at www.NorontResources.com.