An airborne geophysical program over Primero Industries’ (VSE) block of 230 claims in Labrador has uncovered several prospective anomalies, particularly in the northeastern corner.
The ground is 3 km northwest of Diamond Fields’ discovery boundary.
NDT Ventures (VSE) can earn a 51% interest by incurring exploration expenditures of $1 million by the end of 1997.
The agreement calls for a minimum of 600 metres to be drilled by the end of this year. Accordingly, NDT has applied for a drill permit.
Preliminary grab samples have yielded geochemically anomalous values for three of the samples. Two carried nickel and copper values, while a third was found to contain copper and gold.
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