REEs and Valuable Base Metal deposit!https://www.slamresources.com/projects/new-brunswick/nash-creek/
Nash Creek
Zinc-Lead-Silver
SLAM has reported an updated resource estimate for its wholly owned Nash Creek Property located in Lorne, 25 km west of the Belledune smelter and seaport in northern New Brunswick. Two mills, Brunswick 12 and Caribou, are within 90 kilometres of Nash Creek. The property currently has 463 claims covering 7,408 hectares of favourable volcano-sedimentary stratigraphy.
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The Nash Creek deposit contains an indicated resource of 468M lbs zinc, 95M lbs lead and 4.6M oz silver plus an inferred resource of 71.0M tonnes zinc, 14M lbs lead and 0.7M oz silver with recoveries factored in as estimated by Wardrop Engineering Inc. This metal inventory is included in an indicated resource of 7.81M tonnes grading 2.72% zinc, 0.55% lead and 18.26 g/tonne silver and an inferred resource of 1.21M tonnes grading 2.66% zinc, 0.52% lead and 18.00 g/t silver. Gravity and magnetic highs along with zinc soil anomalies coinciding with MegaTEM/VTEM conductivity identify additional priority targets on the property.
The resource estimate was reported by press release 12 February 2009 and the 43-101 compliant Technical Report by Wardrop can be viewed at www.sedar.com.
Recent Developments - Rare Earth Elements
The rare earth element yttrium and phosphorus have been detected in soil geochemical surveys within the Nash Creek property. High yttrium values occur in 2 parallel trends each 500 metres in length and open along strike. Thse elements indicate potential for apatite mineralization and related rare earth elements similar to mineralization found nearby at Benjamin River.
The Deposit
Zinc-lead-silver mineralization at Nash Creek is associated with sulphide stockworks, sulphide breccias and massive sulphides hosted by flat-lying to shallow-dipping bimodal volcanic sequences intercalated with sediments. The deposit is open to the south and the north along strike. Northward there is a continuation of a resistivity anomaly that appears to be related to the near-surface mineralization in this area.