JV Article: “This is the third largest mining camp in the world and the government and us both believe from the geology and geophysics that only 30% of its deposits have been discovered,” Patrick Cruickshank, CEO of NineMileMetals CSE: $NINE copper
CEO Patrick Cruickshank with drillers at Nine Mile Brook. Credit: Nine Mile Metals
The Vancouver-based junior’s Nine Mile Brook project is 10 km southwest of the Brunswick No. 12 lead-zinc-copper mine, which operated for 49 years until it closed in 2013, and still ranks as one of the largest underground zinc mines in the world. Nine Mile Brook also lies just 13 km from the Brunswick No. 6 copper-lead-zinc mine, which was in production from 1966 until 1983.
Technology and analytical advancements are making exploration more accessible, however. Nine Mile Metals is working with EarthEx Geophysical Solutions to accelerate targeting using close-spaced UAV drone magnetics and proprietary algorithm processing along with artificial intelligence target extraction processes.
For the second phase program, the company chose targets based on results from phase 1 and EarthEx’s UAV drone technology with 3-D magnetic modelling defining subsurface geological structures. The survey identified potential structural mineralized folds in the system with details visible to a depth of up to 1 km.
At its California Lake project, the initial stage 1 drill program was completed in November. The 1,226-metre program included eight shallow holes collared to intersect VMS mineralization along a 1.5-km, late time conductance electromagnetic anomaly defined by EarthEx. Seven of the holes intersected multiple VMS horizons within a sheared sedimentary package.
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