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Norra Metals Corp.
Summary
| Project: | Bleikvassli | |
|---|---|---|
| Deposit: | Bleikvassli | |
| Location: | Norway | |
| Commodities: | Zinc-Lead-Copper-Silver | |
| Date: | 4/16/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-4-2019: Norra Metals Corp. announces a Supporting Acquisition report for its Bleikvassli deposit at the Bleikvassli project. Summary of property in support of acquisition. The Bliekvassli property is composed of six contiguous exploration licences tota | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Swanton (Equity Exploration Consultants Ltd.) | |
| ABSTRACT: | The Bliekvassli property is composed of six contiguous exploration licences totalling 6000 ha area, in the Hemnes Municipality of the Nordland Fylke Province of Norway. As of the effective date of this report, licences are held by EMX Royalty Corp. (through their wholly own subsidiary Eurasian Minerals Sweden AB), though EMX has entered into an agreement with Norra Metals whereby Norra Metals will acquire ownership of the licences. This report has been prepared on behalf of Norra Metals in support of that transaction. The most prominent feature of the property is the Bleikvassli mine, a past-producing SEDEX-style sediment-hosted massive sulphide Pb-Zn deposit with minor Cu and Ag credits. The mine closed in 1997, following continuous operation since 1957 which saw the extraction of 5.0 million tonnes of Zn-Pb-Cu-Ag ore. Following closure of the mine, mineral rights for the mine itself and surrounding areas became available and were staked by EMX in early 2018. The current extent of the property includes both the past-producing mine itself and areas of prospective geology with mineralized surface rock samples outside the footprint of the mine. The area covered by the property is generally hilly, with vegetation dominated by boreal forests with a sub-arctic climate. Field work is possible through the summer months, with drilling operations possible yearround. Access and local infrastructure is well developed, with paved roads connecting the property to the rest of Norway, nearby rail and airport access and connections to Norway’s power grid already existing on the property; much of this existing infrastructure is owing to the presence of the now-closed Bleikvassli mine. Geology of the property is dominated by highly deformed and metamorphosed Late Proterozoic to Early Phanerozoic marine sedimentary sequences of the Scandinavian Caledonides, the Silurian-Devonian age orogenic belt which forms the bedrock of the majority of Norway. The historically mined Bleikvassli ore body is a sediment-hosted Pb-Zn SEDEX deposit composed of lenses of massive pyrite, pyrrhotite, sphalerite, galena and chalcopyrite enclosed within metasedimentary rocks of the Kongsfjellet Group. Though little work has been done on showings outside the main deposit, they too are interpreted to be of the same style and hosted in similar geology. | |
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