Information below on the Gochager property. Drilling continues at Gochager. They should have at least one hole drilled by now. Hopefully they hit massive sulphides and get the market excited again.
Gochager Lake massive Ni-Cu-Co sulphide mineralization and the proximal (10 km ESE) MAL Lake mineralization have remarkably high nickel/copper and palladium/iridium ratios characteristic of world-class komatiite-hosted nickel deposits (Thompson Nickel Belt, Manitoba; Kambalda mining camp, Western Australia), and are unlike any other nickel deposits in the La Ronge Belt in this respect.
The komatiitic composition of Gochager-type mineralization is not compatible with the host gabbro rock and silicate mineral compositions, which implies the Ni-Cu-Co sulphide mineralization was introduced into the host gabbro by a much more primitive larger komatiitic system at depth or proximal to the Gochager Lake deposit. This and the nature of the comparable MAL mineralization suggest a “Tip of the Iceberg” scenario for the known Gochager-style mineralization in the area.
Current analyses of the available geophysical data (airborne and ground surveys) for the Gochager Lake area reveal for the first time a striking “EYE” shaped conductivity and lesser so magnetic pattern engulfing the deposit. This phenomenon is similar to the “EYE” like geophysical patterns associated with the recent discovery of the Nova-Bollinger nickel mining camp in the Fraser Range, Australia where the “EYE” feature identifies new high priority targets in which conductive Ni-Cu bodies lie within the “EYE” feature.
U.S. Lithium is planning a 2018 spring work program and to re-interpret the Gochager Lake dataset for new drill targets. Once further detailed analyses and 3D modeling are complete, U.S. Lithium will proceed with a drill program to further upgrade the past reserves and include cobalt assays and reserves in its new model moving forward towards future production at the Gochager Lake site.
The Gochager Lake property is favorably located only 21 km west of the hamlet of Missinipe off provincial highway 102. A historic winter drill road (currently not navigable) joins the old drill camp at the north end of Gochager Lake to provincial highway 102 just north of the Otter Lake bridge. Major infrastructure can be found in the town of La Ronge, Saskatchewan, 75 km from the Gochager Lake deposit.
Favorable mining jurisdiction - the Fraser Institute Annual Survey of Mining Companies, 2016, rates 104 jurisdictions; Saskatchewan ranks as the top jurisdiction in the world. https://www.fraserinstitute.org/