The summer 2019 drill program is currently underway. Priorities for this phase of exploration are outlined below.
In 2019 Noront’s exploration efforts will be heavily focused on the McFaulds Cu-Zn VMS property. The objectives at McFaulds for the year are two-fold:
- increase the size of the MCF No.8 deposit, and
- test additional targets which may lead to discovery of new VMS deposits
At MCF No.8, exploration will focus on expansion drilling both down-dip and along strike of the 26.4m massive sulfide intersection in MCF-18-98. This work will be guided by results of the Phase 1 drilling program which indicate a pronounced change in plunge of the deposit from near vertical to a moderate northeasterly plunge based on borehole geophysics and drilling (figure 1). Phase 2 drilling will consists of four holes (2,700m) targeting the centre of the highly conductive borehole plate modelled from the Phase 1 program (figure 1).
In addition, a recently received constrained 3D model of the ground gravity data collected in December 2018 shows excellent correlation with known mineralization at depths below 800m below surface. Further surveying will be performed in the winter, 2019-20 to better resolve untested targets down-dip of McFaulds No.3 and No.9.
Noront continues to review and build its pipeline of brownfields and regional Ni-Cu-PGE prospects through focused compilation efforts leveraging our internal knowledge and understanding of the geology of the ROF. These compilation efforts will continue in 2019.
Noront continues to solicit interest in partnering on our gold focused properties. In late 2017, after an extensive compilation program, the company staked a large number of gold targets in the ROF and is now actively seeking an industry partner to advance these early stage properties. Numerous parties have expressed an interest in the gold potential in the ROF.