Wednesday 26th October 2016

Resource Clips

Posts tagged ‘nb’

El Nino reports NB Assays: 54 g/t Silver, 0.24 g/t Gold, 1.35% Lead, 4.27% Zinc over 81m

August 14th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningEl Nino Ventures Inc TSXV:ELN announced results from the Murray Brook Deposit in the Bathurst Mining Camp in New Brunswick. Results include

24.9 grams per tonne silver, 0.115 g/t gold, 2.6% copper, 0.24% lead, 1.81% zinc over 12.3 metres
9.4 g/t silver, 0.018 g/t gold, 1.92% copper, 0.06% lead, 0.18% zinc over 15.7 metres
19.8 g/t silver, 0.209 g/t gold, 0.8% copper, 0.13% lead, 1.22% zinc over 36.9 metres
54 g/t silver, 0.237 g/t gold, 0.23% copper, 1.35% lead, 4.27% zinc over 81 metres
(including 114.8 g/t silver, 0.278 g/t gold, 0.8% copper, 2.55% lead, 7.39% zinc over 10 metres)
56.7 g/t silver, 0.327 g/t gold, 0.18% copper, 1.08% lead, 4.22% zinc over 9metres
38.5 g/t silver, 0.379 g/t gold, 0.55% copper, 0.89% lead, 3.65% zinc over 71.5 metres
87.6 g/t silver, 0.441 g/t gold, 2.41% copper, 2.13% lead, 7.1% zinc over 11.5 metres
20.3g/t silver, 0.441 g/t gold, 1.05% copper, 0.3% lead, 0.82% zinc over 22.4 metres

Votorantim Metals Canada Inc is the operator of the Murray Brook Project. Under Votorantim’s option and joint-venture agreement with Murray Brook Minerals and Murray Brook Resources, both privately held companies, Votorantim would earn a 50% interest in the properties by funding $2,250,000 in exploration expenditures and making payments totalling $300,000 over a three-year period that commenced November 1, 2010. Votorantim can earn an additional 20% interest in the properties by funding an additional $2,250,000 in exploration expenditures over an additional two-year period. El Nino has elected to enter into a participation agreement wherein it can earn 50% of Votorantim’s interest by paying 50% of the costs incurred by Votorantim in the option and joint-venture agreement. On May 10, 2012 El Nino announced that Murray Brook Minerals Inc has been given formal notice by El Nino and Votorantim of a 50% earned interest in the Murray Brook Project. Murray Brook Minerals has also been provided with a valid notice that El Nino and Votorantim are exercising their option to acquire and become owner of an additional 20% (for a total of 70%) interest in the Murray Brook claims.

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El Nino Ventures Inc

by Kevin Michael Grace

Continental, Abitex report NB results of 1.17% Nickel, 0.44% Copper, 0.08% Cobalt over 28.1m

May 3rd, 2012

Resource Clips - essential news on junior gold mining and junior silver mining

(Update: On April 16, 2013, Abitex Resources Inc began trading as ABE Resources Inc TSXV:ABE.)

Continental Nickel Ltd TSXV:CNI and Abitex Resources Inc TSXV:ABE announced results from their St Stephen Nickel-Copper Project in New Brunswick. Highlights include

1.17% nickel, 0.44% copper and 0.08% cobalt over 28.1 metres
(including 3.02% nickel, 0.56% copper and 0.24% cobalt over 3.7 metres)
1.06% nickel, 0.26% copper and 0.1% cobalt over 2.2 metres
0.57% nickel, 0.47% copper and 0.04% cobalt over 2.6 metres
1.02% nickel, 0.59% copper and 0.07% cobalt over 3.2 metres
(including 2.19% nickel, 1.12% copper and 0.15% cobalt over 1.3 metres)
0.21% nickel, 0.12% copper and 0.03% cobalt over 34.2 metres
(including 0.53% nickel, 0.33% copper and 0.07% cobalt over 2.2 metres)

Continental has an option to acquire up to a 75% interest in St Stephen and acts as project operator. Continental VP Exploration Patricia Tirschmann remarked, “We are very encouraged by the recent drilling results that have returned the highest nickel grades intersected to date on the St Stephen Property. Our exploration has confirmed that the St Stephen intrusion is sulphide-bearing at numerous locations and that EM surveys are very effective at targeting the highest conductance and most sulphidic portions of the intrusion. The best nickel grades obtained so far are associated with mineralization occurring at or near the northern gabbro-metasediment contact in the vicinity of the Hanson Brook, G, Triple J and Roger’s Farm zones, and this area will be a focus of future exploration programs at St Stephen.”

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Continental Nickel Ltd
Dave Massola
416.603.8416 x 228
or Patricia Tirschmann
VP Exploration
416.603.8416 x 224

Abitex Resources Inc
Yves J. Rougerie

by Greg Klein

Trevali reports NB Results of 1.07 g/t Gold, 50.27 g/t Silver, 0.21% Copper over 27.3m

February 6th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningTrevali Mining Corp TSX:TV announced results from its Stratmat Deposit in the Bathurst Mining Camp of northern New Brunswick. Highlights include

1.07 g/t gold, 50.27 g/t silver, 0.21% copper, 4.02% zinc and 1.49% lead over 27.3 metres
(including 1.23 g/t gold, 58.18 g/t silver, 0.23% copper, 5.02% zinc and 1.8% lead over 14 metres)
1.04 g/t gold, 46.35 g/t silver, 0.2% copper, 4.47% zinc and 1.48% lead over 18.4 metres
0.93 g/t gold, 72.47 g/t silver, 0.43% copper, 7.54% zinc and 2.48% lead over 13.3 metres
0.45 g/t gold, 22.57 g/t silver, 0.33% copper, 2.31% zinc and 0.83% lead over 26.8 metres
(including 0.65 g/t gold, 36.75 g/t silver, 0.09% copper, 5.36% zinc and 2.3% lead over 6 metres)
0.92 g/t gold, 36.5 g/t silver, 0.16% copper, 3.82% zinc and 1.05% lead over 10.6 metres

The Stratmat Deposit has an inferred resource estimate of 5.52 million tonnes grading 6.11% zinc, 2.59% lead, 0.4% copper and 54.21 g/t silver. The company’s Halfmile Deposit has an indicated resource of 6.26 million tonnes grading 8.13% zinc, 2.58% lead, 0.22% copper and 30.78 g/t silver, and an inferred resource of 6.08 million tonnes grading 6.69% zinc, 1.83% lead, 0.14% copper and 20.51 g/t silver.

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Steve Stakiw
Manager of Corporate Communications

by Greg Klein