Fond du Lac Mineral
4 Claims of Mineral Rich Land - Canada
Location:
Canada, Saskatchewan
Commodities:
Cobalt, Copper, Meitnerium, Nickel
Available Terms:
Joint Venture, Lease Purchase Option
Price:
Contact Vendor
NOT AVAILABLE
Summary
The 197 km2 Fond du Lac Property (4 mineral claims) is in northern Saskatchewan 14 km north-west of the community of Stony Rapids and 70 km south of the border with the Northwest Territories. The Fond du Lac claims cover a portion of a metamorphosed layered Precambrian mafic-ultramafic complex along a major tectonic zone that extends well into the Northwest Territories. The area is one of the largest magmatic Ni-bearing intrusives in the regional Snowbird Tectonic Zone which is a major crustal structure between the Archaen Hearne and Rae domains.
The most extensive mineralized zones discovered to date on the Fond du Lac claims have up to 41.1m of massive to disseminated pyrrhotite and chalcopyrite within noritic sills, a strike length exceeding 2.5 km and a drill-confirmed, down-dip extension from surface of at least 250m. Pure Nickel has done geological mapping, soil geochemistry and airborne geophysics as well as ground geophysical surveys over portions of the claims. Drilling of VTEM airborne and UTEM ground geophysical targets confirmed the effectiveness of these surveys in detecting Ni-Cu mineralization. In 2008, a test ZTEM high resolution and deep penetrating airborne survey extended the length of known Ni-Cu zones and detected a new drill target which extends to more than 500m depth.
The Fond du Lac Property is owned by Pure Nickel Inc. subject to a royalty of one-half of one percent Net Smelter Return (NSR).
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