Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

Free
Message: Image of the Day

BC is hazy because like FNC's older drill campaigns, the trails, drill sites and bush grow over in time and thus, are harder to spot.

Regarding C-5, my guess is that it wasn't because "FNC did not try hard enough", it was because they were looking for surface nickel-copper sulphide mineralization, not chromite.

The following image should help you. I have overlaid KWG's summary Koper Lake 2013 drill campaign, including pertinent past FNC drill holes along with some ground magnetic and horizontal loop EM surveys.

Unfortunately most of the properties downhole surveys were done using magnetic methods which result in incorrect azimuth values when in magnetic rocks such as ultramafic. Readjustment and recalibration of targets along the strike within the ultramafic suite would most probably increase deposit size.

However, the most important objective would be the use of infill drilling and wedging to improve the core angles, moving most of the identified resources into at minimum the Indicated category.

Within Jack Caldwell's, IThinkMining.com, 11/20/2013 article, "The Ring of Fire: Canadian Mining Potential at Its Best" the point made by James Franklin is important: ..."the chromite discoveries in the Ring of Fire are “very, very well behaved” so that initial (inferred) reserves estimates routinely move over to the (indicated and measured) categories with more infill drilling due to the enormous size and predictability of this massive deposit."

My avatar is inspired by Dr. James Franklin, former director of Spider Resources, chief geoscientist at the Geological Survey of Canada from 1993 to 1997, Canada's top expert on the Canadian Shield geology underlying northwestern Ontario, including the Ring of Fire.







Share
New Message
Please login to post a reply