We remain extremely excited by the highly prospective Zebediela project, and the acceptance of the mining right application grants us the flexibility to develop the existing nickel resource into a mine, and to continue developing the newly discovered [nickel-platinum group elements] resource found adjacent to and in the
footwall of the existing nickel resource."
The fault separates hanging wall serpentinite from the
footwall volcanic rocks.
Hole AL19-025 drilled the Promontorio zone from the eastern,
footwall side and intersected 3.80 m of 415 g/t Ag, 2.68 g/t Au, 1.37% Cu, 6.20% Pb, 9.19% Zn; including 0.95 m of 1,566 g/t Ag, 6.72 g/t Au, 4.48% Cu, 9.27% Pb, 10.08% Zn, Hole AL19-025 was drilled approximately 350 m south of hole AL17-005 that intersected 20.15 m of 154 g/t Ag, 0.5% Cu, 2.3% Pb and 6.8% Zn.
The Deacon lode, now pierced by four drill holes sits in the
footwall of the old Bellevue Mine and displays very similar characteristics to the historical high grade Bellevue lode.
The program includes approximately 1,555m of drilling in four drill holes to test new targets in the Buena Vista-Meagher Corridor and the virgin deposit
footwall and commencing work on an initial resource estimate in accordance with NI 43-101 for the virgin deposit.
The only Eocene (Shaheed Ghat Formation) rock unit is exposed in the southern part of quadrangle, demarcating the
footwall block of the Khilafat Thrust, whereas, the Shirinab Formation of Jurassic is limited to the northern flank exposed along a major fault.
In the afternoon there will be two further sites: the spectacular Lower Much Wenlock Limestone at Hobbs Quarry SSSI (SO 695 194), and the enigmatic late Ashgill/early Llandovery sediments exposed in the
footwall of the Blaisdon Fault at Huntley Quarry (SO 714 196).
FNX, MacGibbon explained, was a small junior mining company he developed with just himself and a few million dollars when he was considering looking at mines located in the
footwall, or outer edge, of the Sudbury basin.
The excavation face reaches the fault plane; a sudden subsidence of the
footwall overlying strata is observed, and the fault fully opens along its dip direction.
This drift will offer first-time underground drill access to facilitate further definition of the parallel
Footwall Zone and to improve the present resource in the Copperstone Zone.
As part of the first phase, the company has allocated about 15,000 feet of drilling, with the goals of further defining the parallel
Footwall Zone and increasing the existing resource in the Copperstone Zone.