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Rio Tinto Exploration Canada Drill Results on Forum Energy Metal's Janice Lake Project in Saskatchewan

Mining News - Published on Tue, 05 Nov 2019

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Forum Energy Metals Corp announced that it has received further positive assay results from three more holes on the Jansem target at the Janice Lake sedimentary-hosted copper project, drilled by Rio Tinto Exploration Canada. These holes have expanded copper mineralization along strike from 270 metres to 400 metres.

Highlights from the three holes are
JANL0003 - 0.16% over 6.7 metres from 36 to 42.7 metres depth
JANL0004 - 0.05% Cu over 6 metres from 23 to 29 metres depth
JANL0015 - 0.25% Cu over 60 metres from 12 to 72 metres depth

Hole JANL0003 was drilled to a depth of 264 metres and intersected 0.16% copper over 6.7 metres from 36 to 42.7m. The hole is located 250m WNW of FEM-01 and was designed to test the down-dip extension of the mineralization intersected in FEM-01 and 03. After 10m of overburden, the hole intersected a mixture of meta-sediments that was weakly mineralized from 34 to 42m, then intersected the Janice Lake Formation conglomerate much higher than expected at 77m. This suggests the strata has flattened at this point.

Hole JANL0004 was drilled to a depth of 180 metres and intersected 6m of 0.05% Cu. It is located 300m NNE of FEM-01 and tested a magnetic high but intersected mainly pegmatite from surface to 66m, with a band of meta-sediments from 21 to 48m with weak mineralization occurring from 23 to 29m. The Janice Lake Formation conglomerate started at 66m and continued to the end of the hole. This suggests that the strata is flattening to the northwest.

Hole JANL0015 was drilled to a depth of 180 metres. Holes 14 and 15 were drilled from the same set-up at surface, but were drilled at -81 and -57 respectively. They are located approximately 150m west of JANL0002, along strike and slightly down-dip of the mineralization in FEM-01 and JANL0002. Copper mineralization started near surface in hole JANL0015 at 12 metres and continued to 72 metres, intersecting 60m of copper grading 0.25%. Including results announced in holes JANL0001 and JANL0002, the mineralized zone at Jansem is now present in several stratigraphic layers for a minimum of 400m in strike length, 130m in width, and with an estimated true thickness varying from several metres to more than 55m. Drill holes were orientated to crosscut the stratigraphy as close as possible at right angles, as the copper is interpreted to be mostly strata-bound.

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Posted By : Rabi Wangkhem on Tue, 05 Nov 2019
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