Proven At Depth. The Source Is The Target.
VMS system confirmed at depth. Target #6 to be tested.
Conductive trend defined from reprocessed geophysics, running south to Target #6
Drill intersection widths
NBJMAP exploration grant from the Province of New Brunswick
The 2022 drilling confirmed VMS mineralization at depth across the target. EarthEx modelling traces a strong late-time conductive trend running 1.5 km south toward Target #6 — interpreted as the source of the system. Target #6 to be tested.
Drill results are certified assays as reported in the Company’s news releases of November and December 2022. See Technical Notes.
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Results are from the 2022 Phase 1 program (news releases December 22, 2022 and January 3, 2023), assayed by ALS Global. Intervals are core lengths; true widths have not been determined. CL23-10-01 observations (December 8, 2023) are visual only and are not a substitute for assays.
A BHEM survey of CL23-10-01 identified a moderate conductor about 230 m downhole (news release August 15, 2024). Geophysical targets are conceptual.
100% owned (option exercised April 2024), subject to a 2% NSR, half of which may be purchased for $1,000,000.
No mineral resource has been estimated on this property. Technical information on this page was reviewed and approved by Gary Lohman, B.Sc., P.Geo., Qualified Person under NI 43-101 (not independent of the Company).
References to the Bathurst Mining Camp as the third largest VMS camp in the world are based on published district tonnage comparisons, which rank the camp third at approximately 250 Mt. Source: Barrie, C.T. and Hannington, M.D., Classification of Volcanic-Associated Massive Sulfide Deposits Based on Host-Rock Composition, Reviews in Economic Geology. That comparison excludes districts in China and the former Soviet Union.
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