MOLYBDENUM EXPLORATION: Long, strong intersections at former Kitsault mine

BRITISH COLUMBIA - Avanti Mining of Vancouver is hitting long and strong intersections at the former Kitsault molybdenum mine north of Prince Rupert. The best hole returned 0.378% Mo over 85.4 metres. The company is drilling south of Patsy Creek near the mine and at Roundy Creek 4 km to the west.

At Roundy Creek, the strongest mineralization is in unidirectional solidification texture quartz (or brain rock) layers containing molybdenite. Avanti says it has encountered mineralization in this type of formation that is tens of metres thick with grades of more than 1% Mo.

A 2010 feasibility study for Kitsault proposed an open pit mine and 40,000-t/d conventional flotation mill with SAG-ball mill-pebble crusher circuit. Concentrate would be shipped to a third-party processor.

More information is available at www.AvantiMining.com.