Cross Lake hits more sulphides at Sheraton

Four more drill holes on the Sheraton Twp. property of Cross Lake Minerals (CRN-V) have intersected copper and zinc mineralization.

Drilling on the property, 40 km east of Timmins, Ont., has recently concentrated on infill targets along the eastern end of a horizon that has yielded a number of long intersections of base metal mineralization. Three of the holes crossed the horizon’s zinc-rich zone, while the fourth intersected the copper-rich zone.

Hole CLS98-48 cut a 3-metre interval grading 1.17% copper and 2.2 grams silver per tonne, followed further down the hole by a 41.4-metre interval of massive and semi-massive sulphides with an average grade of 1.8% zinc and 15 grams silver. The hole intersected the main zinc-mineralized zone at a vertical depth around 250 metres.

Two holes pierced the zinc-rich zone at depths of between 40 and 80 metres.

Hole CLS98-50 intersected 13.5 metres grading 2.39% zinc, 0.21% copper and 63.2 oz. silver, and CLS98-51 intersected 15 metres grading 1.86% zinc, 0.11% copper and 99.1 grams silver.

The fourth hole, CLS98-52, was also shallow, but deep enough to reach the copper phase of the mineralization. A 2.3-metre intersection averaged 1.23% copper and 19.7 grams silver per tonne.

Cross Lake’s next targets on the property are a set of three conductive zones revealed in down-hole pulse electromagnetic (EM) surveys. The three bodies rake steeply southwest from about 300 metres vertical depth, coincident with the mineralized horizon. Down-hole resistivity surveys (mise-a-la-masse) have confirmed the location of the conductors.

Data from previous airborne pulse-EM surveys have been re-interpreted and several isolated EM conductors appear to coincide with the mineralized horizon, which has been traced over a strike length of 4 km using induced-polarization surveys.