Laurion Mineral Exploration has reported that a drill rig has been mobilized by Northstar Drilling of Thunder Bay to the Sturgeon River property, and the drill program has commenced. This drill campaign includes 1,200 m of diamond drilling at the “A”-Zone, which is located at the 2,000 m strike length of the Loki trend.
Exploration drill programs were previously carried out at the "A"-Zone, wherein the company will perform the present drilling program close to these former drill holes.
A deformation zone has been crossing the "A"-Zone and host mineralized gold and zinc, confirming the "A"-Zone’s continuity. This led to the large polymetallic horizon discovery.
The quartz vein system at the Sturgeon River Mine is connected with very strong structures trending from northeast towards north northeast and these structures contain massive to semi-massive sulphides that exist on several horizons in the kilometre wide corridor.
This kilometre wide corridor has been discovered by the company and has the capacity to contain volcanic massive sulphide (VMS) deposit, which is rich in previous metal.
Laurion has conducted 35,159 m, totaling around 245 diamond drill holes at the Sturgeon River property. Majority of these holes have examined down dip of three VMS trends’ surface mineralization and intercepted the three zones to around 1oo m of near-surface depth, below the surface. The company has expanded a Target deposit of 4.0 to 6.0 Mt.
The company has conducted field checking of previous drill collars. This phase I drilling program will include infill, twinning and extensional exploration drilling, based on the positional work. The company may take around 6 to 8 months for completing this program.