TSXV:SMR.H - Post Discussion
Post by
Target10 on Feb 05, 2019 12:55pm
Plenty of Potential Upside with Shine
IRONSIDE RESOURCES INC. (TSX VENTURE: IRC)("Ironside" or the "Company") has entered into a letter of intent (the "LOI") with Edge Geological Consulting Inc. ("Edge") to acquire a 100% interest in the Watts Lake property (the "Property"). The 13,248 ha property is located approximately 65 km north north-east of the town of La Ronge, SK and 20km northwest of the village of Missinipe, SK. This extensive property covers several electromagnetic conductive trends, including the entire ~14km of strike length of the Borys Lake conductive trend that hosts the historic Borys Lake lead-zinc deposit as well as numerous mineralized occurrences of zinc, copper and silver, in addition to anomalous gold, nickel and cobalt as identified in drill holes, surface trenches and outcrop samples along strike and on parallel conductive trends.
Geologically, the property is situated on the eastern margin of the Crew Lake Belt of the La Ronge Domain. All four known drill-identified mineralized zones of the Borys Lake deposit occur on the Watts Lake property over approximately 4.5km along trend; Mac, Main, Will A/B and Can zones.
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