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FERGUSON (STAR/WYN)
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Key Facts
Location:
Nunavut, Canada
160 km SSW of BAKER LAKE Commodities: Cobalt, Copper, Nickel, Palladium, Platinum
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Comparable Properties
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Latest Information January 31, 2005 Announced that drilling has been completed on the JR-1 claim on the east side of Ferguson Lake. This is part of the Phase 2 exploration program. Assays are pending. November 22, 2004 Received assay results for drill hole FL04-174 and two directionally drilled wedge holes off hole FL04-174 on the Ferguson Lake project. Two drill holes tested the surface UTEM-3 geophysical deep conductive anomaly known as the 119 extension that extends for three kilometres in a southwesterly direction from the 119 zone coppernickel-cobalt-palladium-platinum massive sulphide discovery. Down-hole geophysical surveys indicate the presence of strong conductive targets of considerable vertical extent (600 metres) along strike from the holes drilled to date. Results from hole 04-174 include 7.12m at 0.711 % Cu, 0.499 % Ni and 0.057 % Co and 2.65 m at 1.799 % Cu, 0.662 % Ni and 0.075 % Co. Results from the wedge hole includes 1.65 m at 0.336 % Cu, 0.788% Ni and 0.127 % Co. |
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