Airborne magnetic and electromagnetic (EM) anomalies have been identified on the two Tasialuk Lake properties held by Consolidated Magna Ventures (VSE) and Econ Ventures (VSE) near Voisey Bay, Labrador.
The joint venture plans to follow up four anomalies, each of which consists of a cluster of EM conductors associated with magnetic, linear features.
The two primary anomalies lie adjacent to, and up-ice from, moderate to strong nickel-copper, lake-sediment, geochemical anomalies.
Prospecting and sampling are under way, and drill permits are being sought.
Magna can earn a half interest in the properties from Econ.
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