Geophysics discovers a new mining camp
The Wabassi Property is located in northwestern Ontario, 60 km south of the Highbank Lake project and 100 km south of the Ring of Fire Ni-Cu-PGE and Chromite deposits. The property is being explored for reef-hosted PGE and massive sulphide Ni-Cu-PGE deposits as well as Cu-Zn-Ag-Au Volcanic-associated Massive Sulphide(VMS).
A VTEMsurvey completed over the property detected three distinct clusters of electromagnetic (EM) anomalies.
Drilling intersected 2.25% zinc, 31.7 g/t silver (0.92 oz/ton) and 0.17% copper over 49.5 meters.