Vancouver – The second phase of drilling at Manicouagan Mineral‘s (MAM-V) Brabant Lake property is returning strong zinc, copper, and silver grades from an old deposit.
Manicouagan purchased Brabant Lake in mid-2006 from Longyear Canada. The property, located some 200 km from La Ronge in northern Saskatchewan, includes the McKenzie zinc-copper-silver deposit, discovered in 1956. The deposit occurs within a homoclinal sequence of northeast striking gneisses and three stacked zones of sulphide mineralization make up the Upper, Lower, and poorly-defined Hanging Wall zones.
Hole 21, the first hole of the phase two program, intersected 4.2 metres in the Upper zone grading 3.5% zinc, 0.53% copper, 0.06% lead, and 12.3 grams silver per tonne, starting 184 metres downhole. A few metres lower the drill hit the Lower zone and cut 8.2 metres of 16% zinc, 0.54% copper, 0.05% lead, and 15.8 grams silver.
More recently the company released the results from hole 28, which returned 3.6 metres from the Upper zone grading 8.6% zinc, 1.4% copper, 0.1% lead, and 37.8 grams silver, starting at 304 metres depth. The drill then cut 9.4 metres of Lower zone mineralization that returned 5.3% zinc, 1.1% copper, 0.3% lead, and 54.9 grams silver.
In 1993 Phelps Dodge (PD-N) completed a small drill program, the only work done before Manicouagan came on scene. Manicouagan used the historical data to establish a NI 43-101 compliant inferred resource of 4.86 million tonnes averaging 5.19% zinc, 0.57% copper, 0.28% lead, 22.59 grams silver, and 0.22 grams gold. Some 75% of the resource is in the Upper zone, in part because in the previous drill program many drill holes stopped short of the Lower zone.
To date Manicouagan has drilled 9,000 metres on the project. The phase two program that commenced in June is expected to consist of 12,000 to 15,000 metres of diamond drilling. The company has rented a lot from the community of Brabant Lake and plans to establish a long-term core logging, sampling and storage facility there.
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