EXPLORATION & DEVELOPMENT

Canadian explorers cautiously start summer field season

Companies able to produce exploration results during tough COVID-19 field season tipped to perform

This article is 4 years old. Images might not display.

Sudbury, Ontario-based project generator Transition Metals (TSXV:XTM) said Thursday option partner Forum Energy Metals, together with Rio Tinto Exploration (RTEC), had announced plans to complete 2,000m of drilling at the Janice Lake copper prospect in Saskatchewan to test known mineralised zones.

The work will involve diamond drilling and systematic mapping and prospecting across the 52km strike extent of the property, and completion of a regional audio-frequency magnetotelluric transect. RTEC and Forum will also mobilise a RAB drill rig to test for near-surface bedrock copper showings in areas with poor bedrock exposure.

While RTEC will be focusing its energy this summer at Janice Lake, Transition will start similar property-scale investigations at its 100% owned Wollaston copper project about 50km to the southwest, in hopes of attracting a partner.

Eagle Plains Resources (TSXV:EPL) said its private, arm's-length Alberta-based option partner had mobilised crews at Iron Range, 10km from Creston, in British Columbia, for field prospecting, with follow-up diamond drilling pencilled in for September.

Iron Range is believed to hold potential for both iron-oxide copper-gold and Sullivan-style lead-zinc-silver sedimentary-exhalative (sedex) mineralisation. The Sullivan mine, discovered in 1892, is one of the largest sedex deposits in the world, producing almost 300 million ounces of silver, 36 billion pounds lead, zinc and other associated metals, collectively worth over C$40 billion at current metal prices, over its 100-plus-year lifetime.

Eagle Plains also last week started preparations for drilling next month on its nearby Vulcan sedex deposit. It plans to drill down to 700m to test a soil geochemical anomaly, followed by a down-hole electromagnetic geophysical survey.

Ontario-focused GoldON (TSXV:GLD) said diamond drilling had started at the West Madsen gold property under option from Great Bear Resources. The focus is first-pass testing of four of six priority targets.

Trend contours are interpreted to represent the contact between the Balmer and Confederation groups, said to be geologically similar to the adjoining PureGold mine, where first gold is expected late this year.

Northern Vertex Mining (TSXV:NEE:TSXV) said a multi-phase reverse circulation drill programme was underway at the Moss mine in Arizona aimed at resource expansion, then near-mine targets west of the mine.

Northern Vertex reported an updated resource of 360,000oz gold and 3.88Moz silver at Moss in March.

Elsewhere, Vizsla Resources (TSXV:VZLA) has mobilised an exploration team at the Panuco gold-silver project, in Mexico, to restart the suspended maiden 14,500m drill programme.

Vizsla says it has tested five of 20 initial targets. Two rigs are expected to complete the remaining 10,861m of drilling this year.

Thunderstruck Resources (TSXV:AWE) has announced a C$1.3 million exploration campaign on its Korokayiu zinc-copper prospect in Fiji with joint-venture partner JOGMEC, including prospecting and geochemistry work at seven targets, followed by an IP survey at Wainaleka to define drill targets. Thunderstruck plans to undertake at least 1,500m of drilling in three holes to test lateral and depth extensions of the mineralised zone identified by a high-gravity anomaly.

It further plans two or three shallow diamond holes at Wainaleka for initial metallurgical test work.

 

 

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.