Abitibi Metals boosts resource by 62% at B26 polymetallic deposit in Quebec
Indicated resources increased to 11.3 million tonnes from 6.9 Mt.
Exploration drilling at Murchison Minerals’ Brabant Lake property, 175 km northeast of La Ronge in Canada’s Saskatchewan province, intersected high-grade copper and zinc mineralization 10 km to the southwest of the company’s Brabant-Mckenzie deposit.
A drill hole completed at the Main Lake target, situated within the same formation as the Brabant-Mckenzie volcanogenic massive sulphide (VMS) deposit, returned two separate mineralized intercepts: the upper is more copper-rich with the lower layer containing more zinc.
The hole, completed this winter, first returned 3.6 metres of 0.83% copper, 0.61% zinc and 11.8 g/t silver, starting at 140 metres. Then, starting at 170 metres, the drill intersected 6.6 metres of 1.62% zinc, 0.09% copper and 41.1 g/t silver.
“This new discovery at the Brabant project further indicates its potential to be an up and coming new VMS mining camp,” Jean-Charles Potvin, the company’s president and CEO, said in a release.
The new discovery area remains open, with additional drill targets identified at the 566-sq.-km property, which covers 57 km of favourable strike.
Current resources at the Brabant-Mckenzie deposit, contained within two zones, include 2.1 million tonnes in the indicated category grading 9.98% zinc-equivalent with further inferred resources of 7.6 million tonnes at 6.29% zinc-equivalent.
(This article first appeared in the Canadian Mining Journal)
