Freeport Indonesia to process 400,000t of copper concentrate at new smelter
Earlier this month, Freeport obtained an export permit for the rest of the year from the government.
Osisko Metals (CVE: OM) has published updated information about its exploration programs at its properties in Ontario. The first priority is the Key Anacon property, followed by the Brunswick Belt property.
At the Key Anacon property, 19 km south of Bathurst, the most interesting untested target is a near surface, 600-metre long ground electromagnetic conductor located 500 metres above the copper zone. The copper zone was outlined by historical drilling and is believed to be a feeder system to the Key Anacon Main and Titan zones that are lead-zinc-copper-rich. This zone is about 1 km long and located 100 metres northeast of the Titan deposit.
At the Brunswick Belt property, 25 km southwest of Bathurst, Osisko teams are compiling data and surface samples to pinpoint a geophysical drill target at the horizon roughly 2 km southeast of the historic No. 6 zinc-lead mine. The company has reprocessed old Titan 24 data from which it generated induced potential and magneto-telluric anomalies.
Osisko also says a new trend is emerging that could extend mineralization at the Gilmour South deposit. The new trend is 1.5 km north of the deposit, and a new interpretation suggests than an extension and/or thrust repetition of the Brunswick Horizon continues to the north.
Osisko is beginning a 5,000-metre follow-up program this month and more drilling during the upcoming winter.
(This article first appeared in the Canadian Mining Journal)
