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Located in north central New Brunswick,
85 km southwest of Bathurst - Along the southwest margin of the famous Bathurst Mining Camp; a world class base metal mining district host to 45 known volcanogenic massive sulfide (VMS) deposits
- 4,233 hectare claim group
- Excellent access with dense network of forestry roads
- Option to earn 75% interest
- 1983, New Brunswick Government identified remarkably high cobalt values at Kagoot Brook from regional stream sediment sampling program
- 1984, Brunswick Mining and Smelting’s silt sampling program returned strongly anomalous cobalt with values up to 6,000 ppm (0.60% Co) and anomalous values in Cu, Pb, Zn and Ni
- Two continuous and extensive zones were identified in creeks 2.5km apart
- Highly prominent and localized Cobalt anomalies relative to surrounding drainages
Kagoot Brook – 2.5km Cobalt Anomaly + EM Survey
- Target area covered by multiple generations of airborne and ground geophysics
- Project area underlain by felsic volcanics and sediments (quartzose wackes, siltstone and shale) exhibiting broad moderately conductive zone
- Cobalt Anomaly coincident with High Conductivity zone internal to broader conductive zone
AeroMag Survey:
- Refines stratigraphy underlying Project
- Mag trend parallel to apparent trend of Cobalt anomaly
- Indicates stratigraphic horizon probable host to cobalt mineralization
- Refines Targeting
- Three Line Induced Polarization (IP) Survey completed between Cobalt Anomalous Creeks
- IP Survey further refines and characterizes targets
- Very Low Resistivity anomalies, indicative of sulphide mineralization, coincident with Cobalt anomalies
- Multiple Coincident Features Establish Quality of Target