Major to drill VMS targets

To explore base metal prospects in northwestern Ontario, Major General Resources (VSE) has completed a $750,000 private placement.

The junior has an option to earn a 50% interest in five properties that have the potential for hosting volcanogenic massive sulphide (VMS) deposits. Noranda (TSE), owner and operator of the property package, says geophysical surveys will begin shortly

on the Joy property, 50 km east of Red Lake. Drilling will follow. Drilling in the 1970s intersected 3.1% copper over 5.7 metres at a shallow depth. A follow-up undercutting hole intersected 4.2% copper over 0.3 metres, at 90 metres below surface, before hitting a dyke.

Noranda staked the property in 1991 and, last year, drilled a hole that intersected 4% copper over 3.4 metres in favorably altered felsic volcanic rocks at 200 metres. The zone remains open in all directions.