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B-20 JV (B20 & BAIE-DES-SABLES)

Co
12.36
USD/lb
-0.73
red
http://www.infomine.com/investment/metal-prices/cobalt/
Data as of May 23, 2013 12:00AM UTC
Cu
3.30
USD/lb
-2.60
red
http://www.infomine.com/investment/metal-prices/copper/
Data as of May 23, 2013 12:00AM UTC
Ni
6.69
USD/lb
-2.70
red
http://www.infomine.com/investment/metal-prices/nickel/
Data as of May 23, 2013 12:00AM UTC
Pt
1,453.50
USD/oz
0.07
green
http://www.infomine.com/investment/metal-prices/platinum/
Data as of May 24, 2013 09:59PM UTC


Key Facts
Status: Exploration
Type of Work: Surface
Location: Quebec, Canada
                 0 km of PORT CARTIER

Commodities: Cobalt, Copper, Nickel, Platinum
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Comparable Properties
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Latest Information
May 31, 2004
Conducted an airborne magnetic and EM survey.
June 30, 2003
Will proceed to explore the B20 property throughout 2003-the objective of the 2003 program is to conduct additional geophysical surveys that will lead to a drill program later this year. The objective of the drill program shall be to define large tonnages of mineralization with higher grades of nickel, copper and possibly platinum-group mineralization.
March 31, 2003
Completed five holes - 1250 m . The drill holes tested down-hole EM survey anomalies. The drilling confirmed the existence of thick sequences of massive sulphides, with drill intercepts up to 43.75 m with 0.22% Ni and 0.19% Cu and has defined a large mineralized area that occurs at and near surface. These drill results and those of other drill programs, outline a persistent, low-grade nickel-copper system from surface to a vertical depth of at least 150 m and covering an area measuring 500 by 500 m. The system is characterized by several zones over 20 m thick that are possibly related to a 60 m thick zone defined by earlier drilling. A surface zone extending to a depth of 20 m has been defined by 6 drill holes and six trenches over a distance of 600 m. The next deepest zone, at a depth of 50 m and over 20 m thick, is currently defined by 9 drill hole intercepts over a distance of 500 m. A third zone, lying at a depth of 150 m is defined by 5 drill holes over a distance of 300 m.
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