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FREEWEST-NORONT JV

Cu
3.22
USD/lb
0.00
black
Data as of May 16, 2013 12:00AM UTC
Ni
6.70
USD/lb
-0.40
red
Data as of May 16, 2013 12:00AM UTC


Key Facts
Status: Exploration
Type of Work: Surface
Location: Ontario, Canada
                 

Commodities: Copper, Nickel
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Latest Information
October 26, 2009
Freewest Resources and Noront Resources announced the commencement of diamond drilling on the JV Property, in the McFaulds Lake area of northern Ontario. The JV Property comprises one of three properties in which Freewest is currently exploring, on its own and in strategic joint-venture agreement arrangements in the “Ring of Fire” metals district. The JV Property covers a prominent bull’s eye-shaped magnetic feature defined by airborne geophysical and ground geophysical surveys. Modeling of the ground magnetic and airborne data is suggestive of a tabular body, at depths ranging from 24 to 125 metres, that dips steeply to the northwest. It further suggests that the width of the body is from 36 to 88 metres and has a strike length of approximately 300 metres.

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