GREY:XMTTF - Post by User
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format15on Apr 03, 2015 8:55pm
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Post# 23596116
nearby targets which could be found at BFW
nearby targets which could be found at BFWI was involved with the first drilling done for Zenyatta near Hearst. There were some interesting core samples but after the graphite was found that is where the interest has stayed.
BFW is a very good gamble to find something interesting I think. Have a look below at the finds to the North and East of BFW. I've been in the business for 35 years and I've taken a gamble with some of my hard earned cash with XME and BFW.
Below are excerpts from ZEN press releases. Google these terms and there is a lot of interesting reading.
banded ironstone formation - The BIF unit was continuously sampled from 236.00 to 338.50m, with a weighted average of 27% Fe over 102.50m. The drilling stopped in the BIF and its full extent is not yet known. (The drill rig had reqaached it's limit.)
Target 3 consisted of a strong and extensive magnetic anomaly believed to be caused by a Proterozoic intrusion representing a potential host for nickel, copper and PGM mineralization. A drill hole intersected ultramafic rocks composed of peridotite and pyroxenite related to such an intrusion.
drilling intersected a unit containing magmatic sulphide droplets of pyrrhotite, pyrite and chalcopyrite within a gabbroic unit
In one of the recent drill holes four separate and extensive brecciated zones have been intersected consisting, predominantly, of variably sized granite gneiss clasts set in a fine grained black matrix of, among other minerals, graphite with trace to 1% pyrite and pyrrhotite locally.
Another hole, just completed, intersected a coarse grained layered mafic-ultramafic intrusion (norite-gabbro) containing 1-3% pyrrhotite and trace amounts of local chalcopyrite. The observed cumulate textures and mineralization is encouraging given that Zenyatta is targeting new magmatic sources of nickel, copper, and platinum group metals related to the Mid-Continent Rifting.