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Forum Energy Metals Resource Update for Jansem and Janice Targets in north-central Saskatchewan

Mining News - Published on Tue, 10 Dec 2019

Image Source: Forum Energy Metals Jansem Janice
Forum Energy Metals Corp announced that it has received final assay results from the remaining 12 drill holes completed at the Jansem, Janice, and Kaz targets within the Company's Janice Lake sedimentary copper project. Multiple, thick, flat lying chalcocite mineralized horizons from surface have been intersected on the property. Forum Energy Metals President & CEO Mr Rick Mazur said “Drilling by Rio Tinto intersected thick zones of flat lying, strata bound chalcocite and native copper mineralization with good continuity and nearsurface grades. Deeper drilling has demonstrated that multiple horizons of copper mineralization are present. We are gaining confidence that Janice Lake is a strongly mineralized system, as new data generated by this program helps us to understand the full potential of this 52km long sedimentary copper basin."

Jansem - JANL0016 intersected 51.8m grading 0.57% Cu and 1.50 g/t Ag (116.2m to 168m), including 9.1 m of 1.09% Cu and 1.39 g/t Ag (118.9m to 128m) and 5.0m grading 1.32% Cu and 3.42 g/t Ag (139.0m to 144.0m). Nine holes have delineated copper mineralization for 650 metres long by 200 metres wide by thicknesses up to 66 metres. The Jansem Target remains open to the southwest and northeast, and at depth.

Janice - JANL0007 intersected 22m grading 0.37% Cu and 2.82 g/t Ag (185.0m to 207.0m). Nine holes have delineated copper mineralization for 1.2 kilometres long by 400 metres wide by thicknesses up to 57 metres. The Janice Target remains open to the southwest and northeast, and at depth.

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Posted By : Yogender Pancholi on Tue, 10 Dec 2019
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