Greg Klein reports that Equitas Resources looks forward to continuing its search for Voisey Bay-type mineralization. Results announced earlier show three areas of focus on Garland, a 23,386-hectare property 30 kilometres from the Labrador historic nickel-cobalt-copper discovery. With the rig still on site and money in the bank, Equitas plans to resume drilling as soon as winter conditions allow.
Equitas Resources plans winter drilling at Garland. The company took on the newly assembled property earlier this year, based partly on the fact that the great nickel deposits of Sudbury, Norilsk, Thompson and Raglan occur in clusters. But Equitas also saw specific merits in these claims, which had not previously undergone modern exploration. Now assays and geophysics instil further confidence in the project, says president Kyler Hardy. He thinks that this is the start of something larger.
Among highlights of the five-hole, 1,678-metre fall program was GP15-005, where two intercepts showed:
1. 0.08% nickel, 0.1% copper, 70 ppm cobalt and 1.33% sulfur over 4.6 meters, starting at 19.9 meters in downhole depth
2. 0.11% nickel, 0.14% copper, 93 ppm cobalt and 1.77% sulfur over 1.5 meters, starting at 54.5 meters
3. The intervals occurred within 69 meters of disseminated sulphides in a hole that revealed an environment favorable for massive sulphide deposition, said VP of exploration and Voisey veteran Everett Makela. Historic surface sampling found up to 0.15% nickel and 0.1% copper. Equitas has the area slated for a Crone pulse electromagnetic (PEM) survey when work resumes.
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