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Cache Exploration Inc. (CVE:CAY) reports it has started exploration at the Cross Hills properties in Newfoundland.
Cache Exploration Inc. (TSXV:CAY) reports it has started exploration at the Cross Hills properties in Newfoundland.
The press release is quoted as saying,
The most significant mineral occurrence within the Cross Hills area is Zr-Nb-Y-REE mineralization within small aplite veins that intrude the peralkaline granite, revealing grades of up to 19,208 g/t Zr, 2,968 g/t Y, 1,860 g/t Nb, 1,550 g/t Cerium (Ce), 725 g/t Thorium (Th), and 90 g/t Tin (Sn) (as reported in Tuach, 1991). At the contact of the same peralkaline granite and neighboring biotite granite, a sample returning 6,328 g/t Zr and 316 g/t Nb was reported by Tuach (1991). The management of Cache feel that this is indicative of underlying Heavy Rare Earth Element, Yttrium and Niobium mineralization.
For the complete press release, click here.