Search on
News Title
News Details
Reports/Directory
Glossary
 
Title_head
Fjordland Commences Drilling on Moffat Copper-Gold-Molybdenum Property, Central British Columbia
289 times viewed.
Friday, 18 Nov 2011
EmailButton
Pdf_button

Fjordland Exploration Inc announced that it has commenced a 3-hole, 900 meters reconnaissance diamond drilling program on its road accessible Moffat copper, gold and molybdenum property, one of nine properties comprising its Tak Milligan Project in central British Columbia.

The Property lies immediately south of the Woodjam North and South copper, gold and molybdenum projects where Gold Fields is currently conducting a multi million dollar exploration program including approximately 30,000 meters of drilling. Also, Newmont Mining Corporation has just completed a diamond drilling program on the Rodeo Property, located approximately 18 kilometers to the east. Capstone Mining Corporation which vested into an initial 49% interest in the Project this summer is committed to providing up to USD 300,000 for this phase of work to the end of December 2011.

Much of the Quesnel trough region, hosting the Tak properties is covered by extensive overburden, which has hampered traditional, historical exploration. The discovery of significant copper-gold-molybdenum mineralization, associated with the Takomkane batholith, at Woodjam South and on the Moffat Lake property suggests important exploration potential over a very large unexplored area.

At Moffat the western part of the property is underlain by airborne and ground magnetic anomalies. Late in 2010, chalcopyrite and molybdenite bedrock mineralization was discovered in two areas. The best grab sample assay returned 0.36% copper, 0.29 gram per tonne gold, 6.9 gram per tonne silver and 11 ppm molybdenum.

During 2011, Fjordland completed a program of reconnaissance-scale induced polarization surveying totaling 18 line kilometers over this area. Results indicate 3.5 kilometers long by 900 meters wide northwesterly trending IP high chargeability anomaly. Soil sampling in 2011 has outlined several copper, gold, molybdenum anomalies, coincident with the IP anomalies and adjacent to them. This target area is just west of two mineralized outcrops, 620 meters apart and approximately 1000 meters north of the Harrison Creek copper, gold and molybdenum Minfile prospect.

Mr Tom Schroeter president of Fjordland said that "We are very pleased to initiate drilling in this rapidly developing new porphyry copper, gold and molybdenum district in central BC. We look forward to mounting a much larger exploration program on the Tak Milligan Project in 2012."

Expanded Metal by Anping County Huijin Wire Mesh Co., Ltd.
Galvanized Steel by Beijing Xinruilufeng Industry and Trade Co., Ltd.
Wire Mesh Manufacturers & Suppliers
Aluminium Sheets Manufacturers & Suppliers

jspl
Stemcor
More Metals News
 
Disclaimer|Copyright Policy|Privacy Policy|About us|Feedback|Contact us|FAQ|Site Map|Know about SteelGuru