Junior partners hit nickel-copper values in Labrador’s Okak South region

Narrow intercepts with some strong nickel-copper-cobalt values have been found in core from the NOT No. 3 property in the Okak South region of Labrador.

The property, shared equally by Noront Resources (NOT-V) and Golden Trump Resources (GTZ-V), is 80 km north of the original Voisey’s Bay deposit, now owned by Inco.

Drill hole 96-1 intersected narrow bands of massive sulphides (chiefly pyrrhotite with minor chalcopyrite) in two zones. The upper structure, known as the A zone, correlates with geophysical survey anomalies and is represented in hole 1 by two sulphide layers with assay intervals of 0.23 metre grading 1.1% nickel, 0.37% copper and 0.08% cobalt, plus 0.44 metre grading 1.06% nickel, 0.73% copper and 0.08% cobalt.

The B zone is represented by two narrow sulphide intersections with assay intervals of 0.91 metre grading 1% nickel, 0.36% copper and 0.12% cobalt, plus 0.35 metre grading 0.82% nickel, 0.58% copper and 0.08% cobalt.

Hole 96-2, drilled vertically from the same location as hole 96-1, tested the westward downdip extension of sulphides intersected in the first hole. One assay revealed a 6.4-metre interval in the A zone grading 0.82% nickel, 0.48% copper and 0.06% cobalt. Within that interval were 2.28 metres of 1.98% nickel, 1.03% copper and 0.16% cobalt, plus 1.02 metres of 0.77% nickel, 0.46% copper and 0.03% cobalt.

Individual assays reached highs of 2.1% nickel, 1.5% copper and 0.14% cobalt in four samples from the massive sulphide interval. The sulphides are interpreted to lie within near-horizontal layers; thus these intersections are close to true widths.

Hole 96-3, drilled vertically, has been completed to a total depth of 401 metres. It intersected sulphide bands of pyrrhotite and minor chalcopyrite, which appear to represent the eastern edge of the A zone mineralization.

Hole 96-4, drilled vertically, intersected a 2.8-metre, sulphide-bearing interval in the A zone, including 1.8 metres of massive sulphides containing pyrrhotite and chalcopyrite. The hole was abandoned at a depth of 157 metres, owing to freezing.

Assay results from holes 96-3 and 96-4 are expected shortly, as are gold, platinum and palladium analyses from holes 96-1 and 96-2. Based on positive results from the first drill phase, a second phase has been proposed.

Print

Be the first to comment on "Junior partners hit nickel-copper values in Labrador’s Okak South region"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close