Noront Resources has released an update on the copper-zinc focused exploration program at its McFaulds property in the Ring of Fire in Ontario.
Noront Resources (TSXV:NOT) has released an update on the copper-zinc focused exploration program at its McFaulds property in the Ring of Fire in Ontario.
As quoted in the press release:
In March the company completed a 3-hole 1,134m drill program on its McFaulds VMS property following up on the recent success of the McFaulds No.8 VMS discovery last fall. The program which includes drill holes MCF-18-90, 91 and 92 was designed to test the up-dip continuity of McFaulds No.8 as well as test a recently identified high-priority borehole EM anomaly located 500m to the northeast along the same VMS trend.
Hole MCF-18-92, a 70m step-out from the previously drilled MCF-17-89, targeting a borehole anomaly up dip on McFaulds No.8, intersected the main horizon at 447.9m depth downhole, returning 6.7m grading 1.3 percent copper, 5.9 percent zinc, 10.3 grams per tonne (g/t) of silver and 0.5 g/t gold. This intersection represents a significant increase in zinc grades from the previous two intersections which collectively suggest a metal zonation pattern of increasing zinc content up-dip and increasing copper content down-dip. Borehole EM surveying of this hole indicates increased conductance off-hole and further up-dip. The three holes to date at McFaulds No.8 have defined a steeply plunging sulfide lens continuous for 135m in dip and roughly 75m in strike and open in virtually all directions.