Sphinx: Large, Near-Surface Zinc Prospective Area at the Calumet-Sud Project

Base Metals Investing

The Calumet-Sud project is adjacent to the former New Calumet mines property that produced 3.8 million tonnes of ore from 1944 to 1968.

Sphinx Resources (TSXV:SFX) and its partner SOQUEM have reported that the recent field work and data compilation delineated a large and near surface zinc prospective area of 1,700 m by 600 metres at the Calumet-Sud project in Quebec.

Sphinx describes the Calumet-Sud project as adjacent to the former New Calumet mines property that produced 3.8 million tonnes of ore at a grade of 5.8 percent zinc, 1.6 percent lead, 65 grams per tonne (g/t) silver and 0.4 g/t gold from 1944 to 1968.

As quoted in the press release:

8 trenches totalling 120 m were carried out during the summer of 2018 in areas where elevated zinc values were obtained during previous soil geochemical surveys. Preliminary results suggest an extension of the zinc mineralization on surface to the north and south of the previously stripped and drilled Sonny and Sonny West zones. Beyond the drilled zones, the zinc mineralization can be traced on the basis of strongly anomalous zinc values in soils and limited drilling conducted by Sphinx and SOQUEM in 2017.

Click here to read the full Sphinx Resources (TSXV:SFX) press release.

The Conversation (0)
×