ONTARIO - The presence of high-grade indium in drill core from the Garnet and Copperlode properties, is the icing on the cake for Torontos TRIBUTE MINERALS. Grades as high as 146.5 g/t In and 6.19% Zn were encountered approximately 440 m below surface.
Drilling at the Copperlode property has intersected two sulphide-rich zones. The upper zone returned the extremely high indium assay, and over 3.6 m true width assayed 60.1 g/t In, 2.42% Zn, 0.20% Cu and 21.7 g/t Au. Assays from the lower zone are pending.
Drilling at the Garnet property cut several sections of disseminated to massive iron sulphides hosted in altered volcanic rocks. The best results were 3.0 m at 7.5 g/t In, 1.53% Zn, 0.33% Cu and 33.5 g/t Au, and 0.4 m at 10.1 g/t In, 2.04% Zn, 0.25% Cu and 4.05 g/t Au.
More information about the Confederation Lake program in the Red Lake District is available at www.TriubuteMinerals.com.
(Editors note: The main use for indium is in plasma TVs and similar electronic devices. If Tribute finds indium to be too exotic to attract investors, the company might consider developing a garden-variety gold mine. - MS)