ONTARIO - After more than a century of mining, the Sudbury Basin is still reluctantly giving up new mineralization. PELE MOUNTAIN RESOURCES of Toronto announced two discoveries at its Sudbury project last week. The work was conducted by WALLBRIDGE MINING of Lively, Ontario, which can earn up to a 72.5% interest in the project by taking it through feasibility stage.
Wallbridge found a major, previously undocumented breccia belt, with an orientation roughly concentric to the contact of the Sudbury Igneous Complex. Samples contained weakly anomalous concentrations of platinum and palladium as well as pathfinder elements, which are enriched in similar breccias that host copper-PGE mineralization in the Strathcona and McCreedy West mines a few kilometres to the south, said Pele.
Wallbridge also discovered a second offset dike in the southeast corner of the property. The new dike is located about 1 km from the offset dike found a year ago. The new dike has been confirmed by whole rock and trace element analysis along with petrographic study of outcrop samples. It has been exposed by trenching over about 60 metres, ranging between 4 and 6 metres in width, and is open along strike to the north and south.
Shortly after the new finds near Sudbury were announced, Pele said it has also discovered a new gold-copper occurrence hosted in a shear zone at its Highland project northeast of Wawa, Ontario. The Wolverine zone returned 2.50 g/t Au, 14.00 g/t Au, 588 g/t Co and 1.24% Cu over 2.89 m, including a 0.44-m intersection of 10.1 g/t Au, 42.00 g/t Ag, 2,428 g/t Co and 4.30% Cu. Holes were drilled in three other zones and returned shorter intervals of mineralization.
Pele's home page is at www.PeleMountain.com.