NEWFOUNDLAND – Based on the latest drill results, TENAJON RESOURCES of Vancouver is confident that its Moly Brook deposit extends farther to the west and at depth than previously thought. Moreover, the deposit demonstrates excellent down-dip continuity, and the moly mineralization extends to the surface, according to the company. The deposit is located near the hamlet of Grey River on the south coast.
The longest mineralized core intersection was 76.5 metres at 0.131% Mo or 0.218% MoS2.
At Moly Brook, molybdenite occurs primarily along the rims of a series of north-trending, sub-vertical, sheeted quartz veins and fracture faces along a 2-km-long trend. Drilling at the north end of the trend has traced the main zone for 750 metres along strike, with the zone being open along strike and dip. Width is variable to 450 metres, and the ultimate width of the zone was not determined as several of the holes ended in significant mineralization.
A cross section of recent drill holes is available at www.Tenajon.com/i/maps/MolyBrook/2008-06-11Section.jpg.