Vancouver — An ongoing drill program on the Muskox Intrusive Complex in Nunavut has cut a new zone of copper-nickel-platinum-palladium mineralization for Muskox Minerals (MSK-V).
Hole 36 was drilled vertically in the southern portion of the Keel sector, a series of geophysical targets. The hole hit semi-massive to massive pyrrhotite, pentlandite and chalcopyrite at 314.5 metres down-hole, returning 0.95% copper, 0.86% nickel, 0.12% cobalt and 0.15 gram palladium per tonne over 8.4 metres. Included in this section was a higher-grade portion running 1.3% copper, 1.2% nickel, 0.17% cobalt and 0.17 gram palladium over 4.3 metres.
Earlier drilling on the geophysical anomalies returned only low-grade values.
Situated 500 km north of Yellowknife, the intrusion is exposed as an elongated north-trending series of mafic to ultramafic rocks. Funnel-shaped in cross section, the layered intrusion dips gently to the north. It is 15 km wide in the north narrowing to 600 metres in the south. The intrusion is exposed for a strike length of 50 km, and continues a further 40 km beneath younger cover rocks to the north. The Muskox project covers the entire intrusion including its extension beneath cover. With these dimensions, the Muskox complex ranks as one of the largest known layered mafic-ultramafic intrusions in the world.
Muskox Minerals compares the intrusion to those hosting the Bushveld platinum-palladium deposits in South Africa and the Voisey Bay nickel-copper-cobalt deposit in Newfoundland.
The junior began exploring the intrusion in 1995 and by 1997 had acquired the rights to the entire intrusive complex. Drilling and geophysical surveys are continuing.
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