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VOISEY'S BAY (OKAK) - U COMP / CSTL
Archived

Co
13.83
USD/lb
0.00
black
Data as of Jun 18, 2013 12:00AM UTC
Cu
3.16
USD/lb
-0.71
red
Data as of Jun 18, 2013 12:00AM UTC
Ni
6.36
USD/lb
-0.43
red
Data as of Jun 18, 2013 12:00AM UTC


Key Facts
Status: Exploration
Type of Work: Surface
Location: Newfoundland, Canada
                 15 km South of OKAK BAY

Commodities: Cobalt, Copper, Nickel
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Latest Information
July 31, 1997
An exploration program, consisting of magnetic surveys and 2 diamond drill holes, was completed. Five distinct anomalies were detected about 1,000 m NW of the previous drilling. Drill hole OKG-97-20 intersected a massive biotite-bearing olivine-gabbro unit that was over 30 m thick. The second hole intersected magnetite-rich anorthositic rocks weakly mineralized with pyrrhotite and lesser chalcopyrite. Approx 10 drill holes were planned. Detailed surface pulse EM and downhole probing was completed at holes OKG-96-14, 13 and OKG 95-5. Possible deepening of hole OKG-96-14 was planned.
July 31, 1997
An exploration program, consisting of magnetic surveys and 2 diamond drill holes, was completed. Five distinct anomalies were detected about 1,000 m NW of the previous drilling. Drill hole OKG-97-20 intersected a massive biotite-bearing olivine-gabbro unit that was over 30 m thick. The second hole intersected magnetite-rich anorthositic rocks weakly mineralized with pyrrhotite and lesser chalcopyrite. Approx 10 drill holes were planned. Detailed surface pulse EM and downhole probing was completed at holes OKG-96-14, 13 and OKG 95-5. Possible deepening of hole OKG-96-14 was planned.
September 30, 1996
Hole # 96-16 was completed to a depth of 736 m, having intersected 10 ultramafic lenses carrying base metal sulfides: pyrrhotite and chalcopyrite. The frequency of the lenses appears to increase with depth. The mineralized pyroxenite lenses are interpreted to have intruded as late magmatic pulses into the Nain Plutonic Suite from deeper sources. Hole 96-16 has intersected 8 m of massive sulfides, while hole 96-11 has intersected 14 m of nickel-bearing ultramafic rock. A second drill rig had been mobilized to the property to begin drilling.

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