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Thundermin Resources Inc. (TSXV:THR) and its 50 percent joint venture partner Rambler Metals and Mining Canada Limited (TSXV:RAB,AIM:RMM) have intersected 2.9 percent copper over 3.4 metres and 3.8 percent copper over 2.0 metres, 2.1 percent copper over 2.6 metres, and 2.3 percent copper over 6.2 metres in two separate drill holes on the Little Deer Copper Deposit in north-central Newfoundland.
Thundermin Resources Inc. (TSXV:THR) and its 50 percent joint venture partner Rambler Metals and Mining Canada Limited (TSXV:RAB,AIM:RMM) have intersected 2.9 percent copper over 3.4 metres and 3.8 percent copper over 2.0 metres, 2.1 percent copper over 2.6 metres, and 2.3 percent copper over 6.2 metres in two separate drill holes on the Little Deer Copper Deposit in north-central Newfoundland.
As quoted in the press release:
The recently completed 3,800 m drill program, which was designed to increase the mineral resources outlined to date and to further upgrade the Inferred Resources to the Indicated Resource category in the eastern portion of the deposit, consisted of four holes drilled from surface and two wedge holes. Holes LD-14-63, 63A and 65 all intersected the Little Deer Main Zone. Hole LD-14-65 also intersected two new copper zones higher in the hole grading 3.8% Cu over 2.0 m, from 206.5 to 208.5 m down the hole, and 2.1% Cu over 2.6 m, from 414.8 to 417.4 m down the hole. These two new copper zones were intersected within a previously unknown, large chlorite-sericite-silica-pyrite alteration zone and their lateral and depth extent is unknown at the present time. Hole LD-14-63 intersected two narrow copper zones, below the Little Deer Main Zone, which are possible extensions to two lenses of the Little Deer Footwall Zone Splay. Holes LD-14-64, 64A and 66 appear to have been “dyked out” as they all intersected thick sections of mafic dyke along with minor amounts of copper mineralization hosted by intensely chlorite altered basalt within the expected area of the Little Deer Main Zone.
Thundermin CEO, John B. Heslop, said:
We are generally pleased with the results of the current drill program and continue to define continuity of the copper mineralization between wide-spaced, historical drill holes. Dykes which cut off the mineralization have also been intersected in previous drilling. We are currently compiling the recent drill information and planning additional holes to be drilled in order to improve the confidence level of the National Instrument 43-101 (“NI 43-101″) compliant resources at Little Deer prior to undertaking a pre-feasibility study.
Click here to read the Thundermin Resources Inc. (TSXV:THR) press release
