Barrick’s quarterly gold and copper output edges higher
Barrick Gold's second-quarter gold output edged up by almost 0.9% from the previous three months.
Surge Exploration (TSXV:SUR) added additional mineral claims in the area of its Caledonia project in Northern Vancouver Island, British Columbia.
In a press release, Surge explained that the new mineral claims include the Silver Skarn project and additional land nearby the former Island copper mine.
Surge says the acquisition will allow for the exploration of possible strike extensions of high-grade mineralization to the east and the west from the Caledonia project underground workings
“This acquisition will allow for the exploration of possible strike extensions of high-grade mineralization to the east and the west from the Caledonia project underground workings, along with the further exploration of the Silver Skarn mineral claim to the north and west of the Caledonia project,” the media brief reads.
Caledonia is in the Nanaimo Mining District of northern Vancouver Island, adjacent to the joint venture between Freeport-McMoRan and Northisle Copper and Gold. It also lies within a 50-kilometre-long copper belt and only 4 kilometres northwest of BHP’s former producing Island Copper mine.
According to Surge, sampling in 2007 from trenching returned values including 581.7 g/mt Ag(16.97 oz./ton), 4.42% Cu, 0.13% Pb, 8.97% Zn from the skarn deposit.
