Some of today’s hottest exploration results in Canada (February 01, 2008)
Copper-gold
CARMACKS. Carmacks, YT Western Copper (100%) www.WesternCopperCorp.com Total contained metals in all resource categories are approx 415.0 million lb Cu, 225,000 oz Au and 2.3 million oz Ag. Feasibility report says SX/EW project could be built for $144 million.
Copper-zinc
LITTLE DEER. Baie Verte Peninsula, NL Cornerstone Capital (50%) www.CornerstoneResources.com& Thundermin Resources (50%) www.Thundermin.com Assays as high as 4.5% Cu over 8.75 m. Follow-up drill program planned for Jan. 2008.
Diamonds
DHARMA. Northwest Territories Santana Diamond Corp. (100%) www.SantanaDiamonds.com Caustic fusion tests of the first 339.18-kg sample uncovered 180 diamonds.
Gold
FREEGOLD MOUNTAIN. Carmacks, YT Northern Freegold Resources (100%) www.NorthernFreegold.com Gold zone has assayed 3.50 g/tAu over 53.75 m.
RED LAKE. Red Lake, ON Goldcorp (100%) www.Goldcorp.com Deep holes between Red Lake and Campbell mines have returned top grades of 6,307.53 g/tAu over 8.53 m, including 28,760 g/tAu over 1.83 m.
Molybdenum
NORTHERN DANCER. B. C.-Yukon border Largo Resources (option to earn 100%) www.LargoResources.com Best assay in what the company calls “one of the world’s largest tungsten-molybdenum porphyries”was 0.15% Mo over 68.8 m.
RYAN LAKE. Matachewan, ON Pacific Comox Resources (100%) www.PacificComox.com Recently intersected 14 m of 0.253% Mo and 1.3% Cu.
STORIE. Cassiar, BC Columbia Yukon Exploration (100%) www.ColumbiaYukon.com Cut 220-m section that graded 0.133% Mo (0.222% MoS2).
Nickel-copper
KENBRIDGE. Kenora, ON Canadian Arrow Mines (100%) www.CanadianArrowMines.ca Exploration going underground via existing 610-m-deep shaft.
Nickel-copper-platinum group
TAYLOR BROOK. Western Newfoundland Northern Abitibi Mining www.NAMinco.ca(earning at least 51% interest from Altius Resources) Drilling has intersected a sulphide-bearing mafic intrusive zone and smaller zones of semi-massive sulphides.
Uranium oxide
CENTRAL MINERAL BELT. Central Mineral Belt, NL Crosshair Exploration (100%) www.CrosshairExploration.com Best assay 0.73% U3O8 over 2.0 m.
CMB. Central Mineral Belt, NL Universal Uranium (60%) www.UniversalUranium.com& Silver Spruce Resources (40%) www.SilverSpruceResources.com In March 2007, partners made first new discovery in the belt in over 30 years.
WHISKER VALLEY. Baie Verte Peninsula, NL Bayswater Uranium (100%) www.BayswaterUranium.com The mineralization has been traced over a 1,500-m by 250-m area with assays as high as 0.89% U3O8. A gold zone on the property has assayed 104 g/t Au.
Comments