North Atlantic Critical Metals Corp. reports progress in New Brunswick drilling
What happened
North Atlantic Critical Metals Corp. reported progress from its Phase I diamond drilling program at the Pokiok Property in New Brunswick. The company completed five drill holes, totaling approximately 3,500 metres, which represents about 70% of the planned 5,000-metre program. All five holes intersected geological structures consistent with the extension of the historic Lake George mineralized system. Initial laboratory assay results are expected shortly.
From finanznachrichten.de
Why it matters
The drilling findings suggest the down-dip continuation of the historic Lake George mineralized system, which reportedly accounted for approximately 80% of historical antimony production at Lake George. This progress is part of the broader mineral exploration activity in the Bathurst Mining Camp of New Brunswick.
Mineral exploration company Thistle Resources Inc. is advancing projects in the Bathurst Mining Camp of New Brunswick.
From finanznachrichten.de
Who's involved
- New BrunswickProvince where the drilling is taking place
- NB PowerProvides essential electricity services in New Brunswick
- Susan HoltPremier of New Brunswick, directing provincial policy
- FrederictonCapital city within New Brunswick
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The entities involved
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New Brunswick
province of Canada