1200 to 1500-meters of drilling are planned to test high priority targets selected from a recently completed airborne geophysical survey (VTEM survey), which was flown over the entire 13,364-hectare property. This phase of drilling will focus on some of the high priority land accessible targets. Targeted conductors include some beyond the main Rottenstone deposit as well as conductors in the vicinity of the deposit. The latter will test for a possible feeder or conduit system and underlying magma chamber that may have supplied the high-grade mineralization that was mined at the site of the open pit at the Rottenstone deposit.
Numerous targets situated under water or in swampy ground remain to be tested during a winter program, when freeze-up conditions allow drilling in this terrain.
The Rottenstone deposit which originally had a delineated reserve reported at 50,000-60,000 tons grading 2% nickel, 2% copper, 0.22 opt platinum and 0.15 opt palladium was mined between 1965 to 1968. Approximately, 28,724 tons of ore was extracted during this period. The mined ore produced a 5,564 ton concentrate that graded 10.36% Ni, 5.74% Cu, 0.10 opt Au, 0.53 opt Ag, 0.33 opt Pt and 0.53 opt Pd. In this respect, the Rottenstone deposit is very unique. The contained precious metals of the Rottenstone ore, exceeds many of the ores from world-class PGE deposits.
Dr. Larry Hulbert former geologist with the Geological Survey of Canada, an acknowledged expert on magmatic nickel-copper-platinum group elements deposits, and very familiar with the geology of the Rottenstone area has been retained to spearhead the program, while Caracle Creek International Consultants Ltd. (CCIC) will perform the quality assurance / quality control (QA/QC) aspect of the program. The program is expected to last three weeks. -- www.cnxmarketlink.com