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Strategic Resources Announces Diamond Drill Program at Akanvaara project in Finland

Mining News - Published on Mon, 07 Oct 2019

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Strategic Resources Inc announce drill results from the last five holes of its Phase 1 diamond drill program at the Akanvaara project in Finland. Holes AK19-05 and AK19-06 stepped out down dip on previous intercepts and hole AK19-07 extended known mineralization along strike in the western zone. The mineralized zone defined so far is approximately 25 metres thick and generally dips at 45 degrees to the southeast. It demonstrates remarkable consistency at a 0.3% V2O5 cut-off grade. The eastern offset zone was tested with holes AK19-08 and AK19-09 and exhibits a thicker zone of high-grade mineralization above a 0.5% V2O5 cut-off grade. The overall intercepts above the 0.3% V2O5 cut-off grade appear to be thinner than the western zone.

Reported intercepts occur in a magnetite gabbro layer within which mineralization occurs as massive, semi-massive and disseminated magnetite, pyrite and chalcopyrite. Vanadium grades are zoned, with the highest grades occurring towards the bottom of this layer. This initial drill program has confirmed consistent mineralization over a 3-kilometre strike length and up to a vertical depth of 250 metres below surface. The vanadium bearing horizon remains open along strike and to depth.

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Posted By : Rabi Wangkhem on Mon, 07 Oct 2019
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