Viridian Metals Inc. reports higher grades and greater thickness at Kraken project
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New informationRepeats or wire copies
What happened
Viridian Metals Inc. released assays from its southern step-out drilling program at the Kraken copper-nickel-cobalt project in Labrador. The results confirmed substantially greater mineralized thicknesses and higher grades compared to the initial Exploration Target. Specific holes intersected mineralization from the top of the bedrock to the end of the hole, with intercepts exceeding 30 metres.
From intelligencer.ca
Why it matters
The findings support Viridian Metals Inc.'s model of a thicker mineralized system and indicate the presence of localized higher-grade zones. This information relates directly to the potential resource size and economic viability of the Kraken project.
Viridian Metals Inc. has been conducting exploration activities in the region of Newfoundland and Labrador.
From intelligencer.ca