Still out Working notice the 2 blue snow machine that left early in the AM are still not back to camp..
Thinking out loud here,..they may have made the 40k run to test here ..
EXPANSION OF EXPLORATION INTO NEW AREAS
New high-resolution geophysical surveys will commence during March and will involve a closely spaced ground gravity survey and moving/fixed loop EM surveys. The surveys will cover the known prospects to better define the existing Falcon airborne gravity and FLEM targets, and extend into new, previously untested areas with the aim of expanding the prospective footprint of copper mineralization at the project.
These new areas include the Blizzard, Tornado and Tempest Prospects. The Tempest Prospect is located approximately 40 kilometres to the south of the Storm deposits, and it contains a large (>250m long) copper gossan exposed at surface that has assayed up to 32% Cu (Figures 6 & 7). Its location and distance from Storm highlight the extensive nature of the prospective copper horizon within the Project area.
Figure 6: Map showing the planned surface geophysical surveys for 2023, highlighting the expansion of activities into the Tornado, Blizzard, and Tempest Prospects.
PRELIMINARY ECONOMIC EVALUATION ON DSP OPERATION UNDERWAY
Work is continuing to progress the potential near-surface mine development pathway for the Storm Project, in parallel with the accelerated exploration and delineation program.
Beneficiation and metallurgical test work on drill core from the 2022 field season (ST22-02) will create a definitive processing flow sheet for a direct shipping product (DSP) from the representative near-surface Storm mineralization. Previous test work on these mineralization styles has produced a >53% copper direct shipping product using a full-scale ore sorter and with no further processing or optimisation (see April 11, 2022 news release).
The potential to produce a high value and high margin DSP at Storm could present an opportunity to provide a short lead time potential pathway to generating revenue from the project while continuing to explore for further discovery. Ausenco has been engaged and has commenced work on defining and initiating the permitting pathway for this style of operation at Storm.
