NEW BRUNSWICK - GEODEX MINERALS of Vancouver has cut high-grade material from the first hole in its newly discovered East Flank zone at Sisson Brook. The hole returned an intersection of 251.3 metres grading 0.073% WO3 and 0.120% Mo, including an 85.5-metre section grading 0.080% WO3 and 0.305% Mo. The Sisson Brook property is located 60 km northwest of Fredericton.
Geodex updated the inferred resources at the Sisson Brook deposit in October. Using a cutoff of 0.025% WO3, the deposit was estimated to be 290.8 million tonnes containing perhaps 381.0 million lb of wolframite and 126.0 million lb of molybdenum. The East Flank is not included in this estimate.
Two drills continue to turn at Sisson Brook, and the company expects to complete a scoping study later this month. Visit www.GeodexMinerals.org for details when the report is released.