Sudbury Star's view on drill result
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Strong sulphide results
Posted By STAR STAFF
Posted 2 hours ago
A Greater Sudbury-based platinum group element miner has turned up some good copper-nickel sulphide results with exploratory drilling on its Parkin Offset property in the area.
The second cut into the sulphide zone, Wallbridge Mining Company Limited announced Tuesday, intersected two intervals of semi-massive copper-nickel sulphide mineralization within a broader 12.66-metre zone which produced assayed values of 0.96% copper, 0.44% nickel and 2.85 grams/tonne of precious metals.
According to the company, the intersect, along with down-hole surveys completed in the new hole, indicate the presence of conductive sulphide mineralization over an apparent distance of at least 150 metres along strike and 100 metres down dip.
"These new drill results are very encouraging, in that taken together with the down-hole geophysical results, they extend the apparent size of this zone," said Alar Soever, president and chief executive officer, in a news release. "Our current drilling is really the first test of this portion of the dyke and there is room to expand this zone both along strike and down-dip."
Sulphide mineralization occurs as massive sulphide stringers and replacements within the central, inclusion-rich zone of the offset dyke, where the dyke intersected a thick gabbro sill. In these respects, said Wallbridge, the sulphide zone is similar to other offset dyke discoveries in Sudbury, including the recent discovery of copper-nickel-platinum group element mineralization announced by FNX on Jan. 19 at its Victoria property in the Worthington Offset Dyke.
Based on the character of the mineralization and the limited drilling to date, it is not possible to determine the true width of the zone at this time, said the company. Planning for further geophysics and drilling to define the full extent and geometry of the mineralized zone is underway.
The intersection was made on Wallbridge's 100% owned Milnet Mine property, which is under joint venture to Impala Platinum Holdings Limited (the world's second-largest primary platinum producer), which is earning an interest in the property.
Wallbridge's primary focus is the exploration for platinum group element nickel, and copper deposits in the Greater Sudbury area.
Major joint venture partners in Greater Sudbury include Vale Inco, Xstrata Nickel, Lonmin Plc. and Impala Platinum Holdings Limited.
Wallbridge also has a major shareholding in Duluth Metals Limited, which has defined a large copper-nickel-PGE resource in the rapidly emerging Duluth Complex base metal camp in Minnesota.
Wallbridge is also exploring a large porphyry copper-gold-molybdenum property in southwestern British Columbia and has interests in copper-zinc and gold properties in northeastern Ontario.