Fancamp Announces 450 Meter Drilling to Commence on Multi-Element Soil Geochemical Target at Optioned New Brunswick Property of Edge Exploration Inc. - Seite 2
The combination of anomalous elements in the MMI results from soil samples centred around the drill site is similar to the combination reported in a 2018 paper entitled “Defining IOCG signatures through compositional data analysis: A case study of lithogeochemical zoning from the Olympic Dam deposit, South Australia” in which the abstract states that “The IOCG signature is composed of two geochemical associations, which exhibit distinct spatial distributions. The first group, Cu-U3O8-Se-S, shows concentric zonation whereas the second group, Au-W-Mo-Sb-As, forms a vertical ∼1800 m deep corridor in the southeastern lobe of the deposit.” (https://www.sciencedirect.com/science/article/pii/S0169136818308503?vi ...)
The Mactaquac property is within the Fundy-Chaleur structural corridor that encompasses Clarence Stream gold (Galway Metals), the Mt. Pleasant tin and historic tungsten-molybdenum mine (Adex), the historic Lake George antimony mine and the proposed Sisson tungsten-molybdenum mine (Northcliff Resources).
This news release was written by the Company’s QP, Peter H. Smith, PhD, P.Eng.(Ont.), and by Dallas W. Davis, P. Eng., FEC, President of Edge Exploration Inc., and a QP as such term is defined under National Instrument 43-101 - Standards of Disclosure for Mineral Project ("NI 43-101”).
About Fancamp
Fancamp is a public Corporation using a value added strategy predicated on the acquisition of potentially valuable assets, adding value through the selection process itself and subsequent development work, self-financed or otherwise, followed by disposition, proceeds from which, are used to finance the same process multiple times. The Corporation has an exceptional inventory of resource properties in Quebec, Ontario and New Brunswick; commodities of interest include gold, base metals, chromium, titanium, iron and silica. In addition, the Corporation has begun to build on the industrial possibilities inherent in dealing with some of these materials.
The Corporation is a reporting issuer in British Columbia, Ontario and Québec and its common shares are listed for trading on the TSX Venture Exchange under the symbol FNC.
Peter H. Smith, President.
Lesen Sie auch
For further information, please contact
Peter H. Smith PhD., P.Eng.(Ont) – President 1-514-481-3172
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.