NEWS ROUNDUP — Fort MacKay drill core studied

Detailed chemical and mineralogical studies are under way on drill core from the Fort MacKay precious metal deposit in northeastern Alberta.

The joint venture is owned by Toronto-listed Tintina Mines and NSR Resources.

To date, 25% of the core has been analyzed and data indicate several stratigraphic horizons are anomalous in gold and/or silver.

However, analytical efforts continue to be frustrated by discrepancies in results obtained by various techniques, Tintina says. These discrepencies are partly attributed to the carbonaceous nature of some of the rocks. Moreover, resampling of some of the surface outcrops has failed to corroborate previously announced analytical results.

Based on current results, the partners have made additional applications to the Alberta government to expand their land position to 3.2 million acres. Tintina will hold a two-thirds interest in the new permits, with NSR holding the balance.