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Noront Resources Ltd.
Summary
| Project: | Ring of Fire | |
|---|---|---|
| Deposit: | McFaulds | |
| Location: | Canada | |
| Commodities: | Copper-Zinc-Silver-Gold | |
| Date: | 4/23/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-4-2019: Noront Resources Ltd. announces an Exploration/Drilling Update report for its McFaulds deposit at the Ring of Fire project. Drilling results incl. 36.6m @ 1.2% Cu, 0.1% Zn, 3.2g/t Ag, 0.1g/t Au from 644.0m. TORONTO, ONTARIO—April 23, 2019—Noron | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Ryan Weston (Internal) | |
| ABSTRACT: | TORONTO, ONTARIO—April 23, 2019—Noront Resources Ltd. (“Noront”) (TSX Venture: NOT) is pleased to provide an update on the 2019 Phase-1 exploration program at the company’s 85% owned McFaulds volcanogenic massive sulphide (VMS) property in the Ring of Fire. The 2,059-metre copper-zinc focused program was completed in March. It was designed to test the downdip continuity of the McFaulds No. 8 VMS deposit, which previously returned 26.4 metres of massive sulfide in hole MCF-18-98 grading 2.1% copper, 3.4% zinc, 5.5 grams per tonne silver and 0.5 grams per tonne gold. Highlights include 20.0 metres in hole MCF-19-102 grading 2.0% copper within a zone of abundant copper laminations and stringers. Exploration results are summarized in Table 1. “While MCF-19-102 did not intersect massive sulfide, its copper grades are similar to those seen in MCF18-98 in which the massive sulfide intersection was 26.4 metres,” said Noront Vice President Exploration, Ryan Weston. “The high copper activity of these fluids evidenced by an abundance of chalcopyrite over pyrite, pyrrhotite and sphalerite, re-affirms our belief that the hydrothermal system is getting hotter and more copper-rich at depth at McFaulds No.8.” | |
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