Avalon gets $2.5 million from Sibelco to advance non-JV projects
The companies are partners on the Separation Rapids lithium project in Kenora, Ontario, which is currently in the drilling stage.
Jiulian Resources (TSX-V: JLR) announced that it has received a five-year area-based permit from the British Columbia Ministry of Energy, Mines and Petroleum Resources to establish up to 60 drill sites and four kilometres of exploration trail for core drilling on its Big Kidd Property in British Columbia.
Big Kidd is a 4,056-hectare property located 25 kilometres east of Merritt. Historic drilling at the site partially tested the lateral extent of gold-copper porphyry mineralization hosted within a 525m x 400m breccia pipe to a maximum vertical depth of less than 275m.
Historic intercepts were 116.0m of 0.79g/t Au and 0.12% Cu in hole DDH97-05; 127.3m of 0.42g/t Au and 0.18% Cu in hole DDH99-02; and 75.0m of 0.75g/t Au and 0.25% Cu in home DDH92-01.
In a press release, Jiulian stated that its 2019 drill plan will start in early January and will test the porphyry with eight holes having planned depths of 600 meters. The program will employ a drill rig capable of attaining up to 2000 meters depth, should high-grade mineralization be encountered below than expected.
Management at the Kelowna-based company said there are also plans to complete a high-resolution Volterra-3D array IP survey centered over the Big Kidd Breccia in advance of the winter drill program.
