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NQ Exploration Acquires Brouillan West Property

Investing News Network
Apr. 30, 2013 12:05PM PST
Silver Investing

NQ Exploration Inc. (TSXV:NQE) announced that they have acquired the Brouillan West property located to the west of its flagship Carheil property.

NQ Exploration Inc. (TSXV:NQE) announced that they have acquired the Brouillan West property located to the west of its flagship Carheil property.

As quoted in the press release:

It should be remembered that the Nordest showing host polymetallic siver zones called Ag1 and Ag2. In 2012, NQ obtained an initial resource estimate for these zones. According to Micon’s 43-101 compliant report, the Ag1 zone is a polymetallic zone with enriched values of lead, zinc, copper and gold in addition to the silver that remains unexplored to the northwest and open at depth in the Nordest area. It is estimated that the Ag1 zone contains 1,466,000 oz. of silver in the Indicated category while the Inferred resource for that structure totals 4,475,000 oz. Ag. The Ag2 zone contains an additional 277,000 oz. Ag in the Inferred category. With the acquisition of the Brouillan West Property, NQE controls approximately 8 km of strike of the favourable stratigraphy; however, this potential remains hypothetical since the lithological units do not outcrop and very limited drilling was done west of the Nordest area.

To view the whole press release, click here. 

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