Zone 3 is one of the eight target areas identified from the 2015 airborne high-resolution magnetic (MAG) and time-domain electromagnetic (TDEM) survey completed on the LAB property. Given the strong drill results obtained, this spring exploration program will focus again on Zone 3 and investigate the possible expansion of the zone primarily towards the north with surface trenching, sampling and geological mapping. At the Standard Mine project, similar work will be completed to expand the drilled graphite zones, which remain open in all directions prior to a planned second phase of diamond drilling. The graphite mineralization observed during the drilling is hosted within a sequence of marble, paragneiss and quartzites.Zone 3 Key Highlights
- Drill Hole LB22-33 intersected 6.26% graphitic carbon (Cg) over 13.7 m starting at 14.0 m drilled depth, including 11.95% Cg over 4.7m at 14 m;
- Drill Hole LB22-45 intersected 9.09% Cg over 8.0 m at 68 m;
- Drill Hole LB22-52 intersected 7.17% Cg over 9.0 m at 36 m;
Standard Key Highlights
- Drill Hole ST23-10 intersected 5.11% graphitic carbon (Cg) over 20.5 m starting at 39.0 m drilled depth, including 6.7% Cg over 9.0 m at 41 m;
- Drill Hole ST23-11 intersected 7.44% Cg over 13.0 m at 31 m;
- Drill Hole ST23-13 intersected 8.99% Cg over 11.3 m at 4.2 m, and 7.65% Cg over 13 m at 56 m;
- Drill Hole ST23-05 intersected 5.79% Cg over 14.0 m at 4.6 m; and
- Drill Hole ST23-07 intersected 5.5% Cg over 8.5 m at 17 m.