Wicheeda Deposit 30 Tonne Bulk Sample Returns 4.81% Light Rare Earth Oxide Head Grade

Defense Metals Corp. (“Defense Metals” or the “Company”) (TSX-V: DEFN/ DFMTF: OTCQB / 35D: FSE) is pleased to announce that SGS Canada Inc. (“SGS”) has provided initial composite head assay results for the 30 tonne bulk sample collected from its Wicheeda Property.

Select head assay results for the 30 tonne bulk sample include 1.77% lanthanum-oxide, 2.34% cerium-oxide, 0.52% neodymium-oxide, and 0.18% praseodymium-oxide which the Company considers significant, for a total of 4.81% LREO (light rare-earth oxide) (see Figure 1 below).

The results confirm, in conjunction with previous metallurgical head grades returned from smaller drill core samples, the presence of significant praseodymium values.  Praseodymium values are only available for 4 of the 14 previous diamond drill holes that define the Wicheeda deposit. The Company considers the results to significant to the advancement of the Wicheeda Property given recent indicative LREE oxide prices and their potential impact on Wicheeda, which has been historically viewed as a cerium-lanthanum-neodymium deposit (see Table 1 below).

Max Sali, CEO and Director of Defense Metals commented “We look forward to building on these positive initial results, which will form the basis from which to gauge the success of subsequent test phases including bench-scale flotation optimization and hydrometallurgical testing, which are preparatory to initiation of larger scale pilot plant testing on the full 30 tonne sample.”

The Company is confident that completion of laboratory and pilot plant metallurgical test programs on the bulk sample will significantly advance the understanding and development of the Wicheeda rare earth element deposit through larger scale pilot plant scale validation of process metallurgy, generation of design quality data for engineering, and the production of REE product samples for potential offtake partners.

Important Rare Earth Element Industrial and Technology Uses

Neodymium/ praseodymium is used to create high-power Neodymium-iron-boron (NdFeB) magnets. These magnets are a key technology in the Defense, Clean Energy, Consumer Electronics and Electric Vehicle sectors.

Common uses of neodymium-iron-boron (NdFeB) magnets include computer hard disk drives, wind turbine generators, speakers/headphones, MRI scanners, cordless tool motors, motors in hybrid and electric vehicles, in addition to aerospace and military applications.

Neodymium is among a mix of rare earth elements found in the nickel metal hydride (NiMH) batteries of a range of plug-in electric and hybrid vehicles, including GM’s EV1, Honda EV Plus, the Ford Ranger EV and the Toyota Prius.

The anode of a NiMH cell is most commonly a mix of lanthanum, cerium, neodymium and praseodymium.

The only significant non-Chinese REE supplier is Australia’s Lynas Corp., which processes its REEs in Malaysia. North America has one mine, which ships its rare earths to China for processing.

About SGS Canada Inc.

By incorporating an integrated approach, SGS delivers testing and expertise throughout the entire mining life cycle. With a network of over 450 commercial, multi-purpose and on-site laboratories globally, SGS is uniquely positioned to provide fit-for-purpose solutions and testing capabilities from early exploration to end-product certification and closure to the mining industry.  SGS’ services encompass the skills of qualified geologists and mining professionals to provide accurate and timely mineral evaluation and consulting services in a wide range of commodities including precious and base metals, rare earth element minerals, uranium and naturally occurring radioactive material, industrial minerals, iron ore and hydrocarbons.

About The Wicheeda Property

The Wicheeda Property located approximately 80 km northwest of the city of Prince George, British Columbia, is readily accessible by all-weather gravel roads and is close to major infrastructure including nearby working power transmission lines, railway and major highways. Geologically, the property is situated in the Foreland Belt and within the Rocky Mountain Trench, a major continental geologic feature.  The Foreland belt contains part of a large alkaline igneous province stretching from the Canadian Cordillera to the southwestern United States and hosts several carbonatite and alkaline complexes among which are the Aley (niobium), Rock Canyon (REE), and Wicheeda (REE) alkaline complexes that contain the highest concentrations of Rare Earth Elements minerals.

The Wicheeda Property is underlain by Kechika Group metasedimentary rocks that are intruded by a southeast-trending carbonatite. The Wicheeda carbonatite is a deformed plug or sill approximately 250 metres in diameter that hosts significant REE mineralization. The intrusion comprises a ferroan dolomite carbonatite core, which passes gradationally outward into calcite carbonatite. The REE mineralization is hosted by the dolomite carbonatite.

Methodology and QA/QC

The 30 tonne Wicheeda deposit bulk sample was trucked to SGS’ Lakefield, ON facility.  Upon receipt at SGS the sample was inventoried (i.e. bag counts and gross weights), then placed in a containment area on a clean concrete pad. The entire sample was jaw crushed to nominal 1 inch, and homogenized/blended via backhoe. A 400 kg sample representative sample was then selected and further homogenized by tumbling and crushed to ½ inch. Half of the 400 kg sample was retained for future testing. The primary 200 kg sample was then crushed to 6 mesh (3.36 mm), homogenized and split into 10 kg charges.  Two of the 10 kg charges were combined and split into 2 kg charges, from one of which 150 g was pulverized to 80% passing 75 micron. Major element, and lanthanum and neodymium oxides, and loss on ignition (LOI) were determined by whole rock analysis, via lithium-borate fusion of a 0.5 gram sample analyzed via wavelength dispersion X-ray fluorescence (WD-XRF). The remaining rare earth elements were determined via 0.5 gram sodium-peroxide fusion multi-element ICP-MS.

The SGS analysis included a quality assurance / quality control (QA/QC) program including the insertion of rare earth element standard and blank samples. Defense Metals detected no significant QA/QC issues during review of the data. SGS Minerals Lakefield is an ISO/IEC 17025 and ISO9001:2015 accredited. SGS is independent of Defense Metals Corp.

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda Property has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration company focused on the acquisition, exploration and development of minerals, metals and elements commonly used in the protection of our nation and other nations abroad. Defense Metals Corp. trades under “DEFN” on the TSX Venture Exchange. The Company owns (i) a 100% interest in prospective uranium claims in the Athabasca Basin, Saskatchewan totalling approximately 9,362.65 hectares; (ii) has an option to acquire 100% of the Wicheeda Rare Earth Element Project located in Prince George, British Columbia; and (iii) has an option to acquire 100% of the Lac Burge gold property located approximately 215 km northeast of Val d’Or, Quebec.

Contact Information – For more information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward Looking Information

This news release includes certain statements that constitute “forward-looking information” within the meaning of applicable securities law, including without limitation, the Company’s plans for its properties/projects, plans for bench-scale flotation optimization and hydrometallurgical testing, which are preparatory to initiation of larger scale pilot plant testing on the full 30 tonne sample, other statements relating to the technical, financial and business prospects of the Company, and other matters.

Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved), and variations of such words, and similar expressions are not statements of historical fact and may be forward-looking statements. Forward-looking statement are necessarily based upon a number of factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, anticipated costs and the ability to achieve goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, and that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company’s planned exploration activities will be available on reasonable terms and in a timely manner. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks.

Forward-looking statements are subject to a variety of risks and uncertainties, which could cause actual events, level of activity, performance or results to differ materially from those reflected in the forward-looking statements, including, without limitation: (i) risks related to gold, copper, uranium, rare earth elements, and other commodity price fluctuations; (ii) risks and uncertainties relating to the interpretation of exploration results; (iii) risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses; (iv) that resource exploration and development is a speculative business; (v) that the Company may lose or abandon its property interests or may fail to receive necessary licences and permits;  (vi) that environmental laws and regulations may become more onerous;  (vii) that the Company may not be able to raise additional funds when necessary; (viii) the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; (ix) exploration and development risks, including risks related to accidents, equipment breakdowns, labour disputes or other unanticipated difficulties with or interruptions in exploration and development; (x) competition; (xi) the potential for delays in exploration or development activities or the completion of geologic reports or studies; (xii) the uncertainty of profitability based upon the Company’s history of losses; (xiii) risks related to environmental regulation and liability; (xiv) risks associated with failure to maintain community acceptance, agreements and permissions (generally referred to as “social licence”), including local First Nations; (xv) risks relating to obtaining and maintaining all necessary government permits, approvals and authorizations relating to the continued exploration and development of the Company’s projects; (xvi) risks related to the outcome of legal actions; (xvii) political and regulatory risks associated with mining and exploration; (xix) risks related to current global financial conditions; and (xx) other risks and uncertainties related to the Company’s prospects, properties and business strategy. These risks, as well as others, could cause actual results and events to vary significantly.

Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, the loss of key directors, employees, advisors or consultants, adverse weather conditions, increase in costs, equipment failures, litigation, failure of counterparties to perform their contractual obligations and fees charged by service providers. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

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White Gold: Rolling up the Discoveries

In one sense, White Gold (TSX-V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) could be considered famed Yukon prospector Shawn Ryan’s project development company. Years ago, Ryan explored and staked swaths of the Yukon’s Dawson Range to the south of Dawson City.  The claims were optioned to many junior exploration companies. The companies went in, did the work, significant discoveries were made by some that led to take outs by majors like Kinross and Goldcorp, but unfortunately for others, they ran out of time and money, so all those claims reverted to Ryan. Shawn spent the next 3 years reviewing all the data, picking the best projects, assembling them and then partnered with PowerOne Capital to create White Gold Corp where all the properties were rolled into, with the goal of owning and exploring the entire land package systematically and with a regional view of the district.

As David D’Onofrio, White Gold’s CEO puts it, “We started out with over 30% of the district and $25 million worth of free work because when the options expired all the data came back to Shawn.”

With a million plus acres to explore, White Gold is confident it has a district scale opportunity. “We’ve seen three new gold deposits discovered in the district in recent times, two of which we have since been acquired and added to our portfolio totaling about 1.5 million ounces of gold” said D’Onofrio. “Discoveries come in clusters and the more discoveries you have, the greater the chances of additional nearby discoveries.”

In its most recent press release https://www.resource-capital.ch/en/news/view/white-gold-corp-to-acquire-qv-gold-project-from-comstock-metals-ltd-includes-230000-oz-gold-inferr.html  D’Onofrio stated, “This property has a 230,000 oz gold deposit, a number of exciting targets, and has seen very limited exploration to date. We are confident that our team, including Jodie Gibson who originally oversaw the discovery drilling, is well positioned to maximize the value of the VG deposit and the other highly prospective targets on the property. Also the similarities of the deposit and targets on this property to Golden Saddle and Vertigo provide a unique opportunity to leverage our team’s experience in the White Gold District.”

The fact that there is already a 230,000 oz gold resource (4.4 million tonnes grading 1.65 g/t gold) with only minimal work completed to date, is valuable to White Gold as this property is only 10km from White Gold’s flagship Golden Saddle deposit. However, it is the targets on the property with similarities to White Gold’s Vertigo discovery, and the opportunity to deploy White Gold’s Drones to Drills exploration strategy on these targets which really makes this an exciting acquisition.  White Gold will have full access to the data Comstock has already developed through soil sampling, GT Probe sampling, trenching, IP-Resistivity surveys, airborne magnetic-radiometric surveys, geological mapping/prospecting and minor RAB drilling. This data is already suggesting that the targets on the QV project are similar to the Golden Saddle deposit and the new discovery at Vertigo which saw grades up to 304 g/t gold just 20km to the west.

The key differentiator to the whole Dawson Range is that historically it was never glaciated. “This means that the soil sitting on top of the bedrock is directly indicative of what is underneath. Glaciers can displace this soil kilometers from its original position, so not having this issue makes it much easier for us to evaluate targets and plan our drilling. To capitalize on this we utilize a soil sampling approach that the company has successfully relied on in the area, as well as new technologies we have started to deploy to better understand the regional structures such as LiDAR,” said D’Onofrio. In fact, this non-glaciation has been a huge factor in the discoveries at the massive Coffee Project (Goldcorp) directly to the south of White Gold’s holdings, and the Golden Saddle which was initially acquired by Kinross, who then rolled it into White Gold Corp for their 20% interest in the Company.

District scale discoveries might be defined as a series of mineable deposits which share common geological features, yet each deposit will be different. This appears to be the case in the White Gold District. And what makes the opportunity so significant is that this whole district has only seen limited modern exploration, and its in a great mining jurisdiction – Canada. Yukon operators are blessed with a supportive government who has committed heavily to funding infrastructure in the area, including the Yukon Resource Gateway project. This is a $360 million dollar set of road upgrades to improve access to the Yukon’s mineral resources, and the first section to be built runs right through White Gold’s land position. Good road access radically improves the economics of any mine construction project.

In addition to its recent acquisition in the district, D’Onofrio was particularly interested in discussing the company’s new Vertigo discovery.

“At Golden Saddle we’ve seen consistent high-grade gold, but Vertigo is different,” said D’Onofrio. “We’re seeing high-grade grab samples up to 304 g/t and returning drill intercepts up to 22.47 g/t Au over 30.46m from surface along with excellent geophysical results over a full kilometer. To see these kinds of grades, at surface, 2 kilometres from an existing road is very promising – we’re seeing a huge ounce potential. On top of this we’ve identified half a dozen other excellent targets along that trend that we’re excited to drill test.”

The rocks at Vertigo show visible gold, reminiscent of the Yukon gold rush of the 1890’s. While the Klondike River was the more talked about placer river of the gold rush, Henderson Creek which is in the watershed from Vertigo was actually the richer discovery. Real Jack London territory.

“We think we may have discovered the source of that placer gold,” said D’Onofrio.

Exploring a million plus acres of land is a challenging task. However, Shawn Ryan and Groundtruth Exploration, the exploration services company run by Shawn’s wife, Cathy Ryan, have systematized soil sampling, mapping, and RAB drilling on an almost industrial scale. When I visited the White Gold camp this summer, I watched their core shack in operation. While there was certainly conventional core, there was also a fascinating parallel process where, meter by meter, crushed samples were being processed using handheld XRF scanners with the results being logged in real time. This allows the geos to make first pass assessments of particular ground in hours rather than weeks. Meaning more ground could be covered, more targets identified and more discoveries made in the exploration season.

White Gold is unique in that it has two majors as strategic partners: Agnico Eagle and Kinross which collectively own 40% of White Gold. “We work with them in lockstep,” said D’Onofrio. “Our majors are not surprised by our discoveries as they share the same beliefs as us and are very pleased. They visit the site regularly and we plan together. They want to see us prove out our discoveries and they bring lots of expertise. They want us to succeed as we all want to build the next mining district in the Yukon.”

In fact, given the scope and scale of White Gold’s discoveries, there may be the opportunity to build several mines or develop several pits and leverage shared facilities. D’Onofrio is even more optimistic, “I believe there is the potential for 5 to 10 mines. You could truck ore from multiple deposits.”

White Gold has had no shortage of new discoveries this season, marking three more in addition to Vertigo. On the company’s Betty property, which is directly adjacent to Goldcorp’s Coffee project (also discovered by Shawn Ryan), the Company discovered more near surface Gold mineralization. This is hosted in the same fault structure as Coffee and is showing comparable grades. White Gold also discovered two satellite targets on trend with the Golden Saddle deposit – the GS West which is just 750m from its flagship Golden saddle deposit and the Ryan’s Showing returning 20.64 g/t Au over 6.10m. This all supports David’s theory that there is something very significant going on in this district.

For now, the company is going to continue to follow up on the targets it has identified and grow its existing deposits. 2018 was a big year for White Gold, and 2019 is looking to be even bigger.

Cautionary Note Regarding Forward Looking Information

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", “proposed”, "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to the completion of the Acquisition; the anticipated benefits to the Company, the Vendor and their shareholders respecting the Acquisition; the Company’s objectives, goals and exploration activities conducted and proposed to be conducted at the Company’s properties; future growth potential of the Company, including whether any proposed exploration programs at any of the Company’s properties will be successful; exploration results; and future exploration plans and costs and financing availability.

These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company and/or the Vendor to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: the expected benefits to the Company and Vendor relating to the Acquisition; expected benefits to the Company relating to exploration conducted and proposed to be conducted at the Company’s properties; the receipt of all applicable regulatory and third party approvals, as required, for the Acquisition; failure to identify any additional mineral resources or significant mineralization; the preliminary nature of metallurgical test results; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the Company’s properties; business integration risks; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining and mineral exploration; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; soil sampling results being preliminary in nature and are not conclusive evidence of the likelihood of a mineral deposit; title to properties; and those factors described in the most recently filed management’s discussion and analysis of each of the Company and Vendor. Although the forward-looking statements contained in this news release are based upon what management of the Company and Vendor believe, or believed at the time, to be reasonable assumptions, the Company and Vendor cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. Neither the Company nor the Vendor undertakes any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.

Neither the TSX Venture Exchange (the “Exchange”) nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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SPECTRO Analytical Instruments to Showcase Next-Generation ICP/XRF Analyzer Technologies at ACHEMA 2018, in Hall 4.2, Stand J8

SPECTRO Analytical Instruments will showcase its next-generation ICP-OES and ED-XRF analyzer technologies —delivering advanced performance, productivity, and savings — at ACHEMA 2018, Hall 4.2, stand J8.

Both inductively coupled plasma optical emission spectrometry (ICP-OES) and energy dispersive X-ray fluorescence (XRF) technologies have seen dramatic improvements in recent years. In particular, two recently upgraded SPECTRO flagship instruments showcase these advances: the SPECTRO ARCOS ICP-OES analyzer and the SPECTRO XEPOS ED-XRF analyzer. SPECTRO will feature both at ACHEMA 2018 — as well as highlight its new ICP-OES analyzer software package.

SPECTRO ARCOS high-resolution ICP-OES analyzer represents the pinnacle of productivity and performance as the first and only spectrometer featuring the fast, convenient selection of axial plasma or radial plasma observation in a single instrument — without any optical compromise. The analyzer delivers dramatically improved sensitivity, stability, and precision — at lower operating costs.

SPECTRO XEPOS ED-XRF spectrometer represents a quantum leap in ED-XRF technology, providing breakthrough advances in the multi-elemental analysis of major, minor, and trace element concentrations. New developments in excitation and detection — introduced with the SPECTRO XEPOS analyzer — deliver outstanding sensitivity and detection limits and yield remarkable gains in precision and accuracy.

Also at ACHEMA 2018, SPECTRO will demonstrate its all-new SPECTRO ICP Analyzer Pro software package for the latest models of its SPECTROBLUE and SPECTRO ARCOS ICP-OES analyzers. The new software delivers a greatly improved and more-intuitive user experience, plus unequaled ease and speed for the rapid retrieval and processing of results with total traceability.

For more information, join SPECTRO at ACHEMA 2018 in s 4.2, stand J8. To schedule a demonstration of any featured SPECTRO solution, visit


For additional information about next-generation SPECTRO ICP-OES solutions, view the video, “What do you need in an analyzer?” or download the white paper, “Four reasons to upgrade to next-generation ICP-OES technology.”

For additional information about SPECTRO ED-XRF advancements, view the video, “Why upgrade your ED-XRF analyzer?” or download the white paper, “Five reasons for upgrading to a next-generation ED-XRF analyzer.”

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SPECTRO Analytical Instruments präsentiert auf der Analytica 2018 die neuesten ICP- und RFA-Spektrometer-Technologien

SPECTRO Analytical Instruments wird auf der Analytica 2018 (Stand 201, Halle A2) die neuesten ICP-OES- und ED-RFA-Spektrometer-Technologien präsentieren. Diese überzeugen mit verbesserter Leistung, höherer Produktivität und geringeren Betriebskosten.

Sowohl die Optische Emissions-Spektrometrie mit induktiv gekoppeltem Plasma (ICP-OES) als auch die energiedispersive Röntgenfluoreszenz-Technologie (ED-RFA) haben in den letzten Jahren dramatische Verbesserungen erfahren. Insbesondere zwei kürzlich verbesserte Flaggschiff-Geräte von SPECTRO stehen sinnbildlich für diese Fortschritte: Das SPECTRO ARCOS ICP-OES-Spektrometer und der SPECTRO XEPOS ED-RFA-Analysator. SPECTRO wird beide Geräte – zusammen mit der völlig neuen ICP Analyzer Pro Software – auf der Analytica 2018 präsentieren.

Mit dem SPECTRO ARCOS wird Höchstleistung bei Optischen Emissions-Spektrometern mit induktiv gekoppeltem Plasma (ICP-OES) neu definiert. Es ist das erste und einzige Spektrometer, das einen schnellen und bequemen Wechsel zwischen axialer und radialer Plasmabetrachtung erlaubt – ganz ohne Kompromisse. Es bietet dramatisch verbesserte Messempfindlichkeit, Stabilität und Präzision – bei reduzierten Betriebskosten.

Das SPECTRO XEPOS stellt einen Quantensprung in der energiedispersiven Röntgenfluoreszenz-Spektrometrie (ED-RFA) dar. Es ermöglicht bahnbrechende Fortschritte bei der Multi-Element-Analyse unterschiedlicher Konzentrationen – bis hin zu Spurengehalten. Durch neue Entwicklungen im Bereich Anregung und Detektortechnologie bietet das SPECTRO XEPOS eine außergewöhnliche Messempfindlichkeit und extrem niedrige Nachweisgrenzen – mit bemerkenswerter Verbesserung von Präzision und Richtigkeit.

Auf der Analytica 2018 wird SPECTRO die völlig neue SPECTRO ICP Analyzer Pro Software für die neuesten Modelle der SPECTROBLUE und SPECTRO ARCOS ICP-OES vorstellen. Die neue Software bietet eine spürbar verbesserte und intuitivere Bedienung. Sie besticht durch eine beispiellose Einfachheit und Schnelligkeit beim Abrufen und Verarbeiten von Ergebnissen bei vollständiger Rückverfolgbarkeit sämtlicher Daten.

Besuchen Sie SPECTRO auf der Analytica 2018 am Stand 201 in Halle A2 und erfahren Sie mehr. Zur Vereinbarung einer Vorführung besuchen Sie bitte http://icp-oes.spectro.com/new-analyzer-software

Zusätzliche Informationen zu den neuesten SPECTRO ICP-OES-Lösungen finden Sie im Video „What do you need in an analyzer?” oder fordern Sie das White Paper „Vier Gründe, um auf die neueste ICP-OES-Technologie umzusteigen“ an. Informationen zu den Fortschritten bei SPECTROs ED-RFA-Geräten finden Sie im Video „Why upgrade your ED-XRF analyzer?” oder fordern Sie das White Paper „Fünf Gründe, um auf ein ED-RFA-Analysegerät der nächsten Generation umzusteigen“ an.

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First Cobalt Intersects Three Cobalt Veins at Keeley

First Cobalt Corp. (TSX-V: FCC, ASX: FCC, OTCQB: FTSSF) (the “Company” – https://www.youtube.com/… ) is pleased to announce new positive drill results from its 2017 drill program, confirming the presence of three cobalt bearing veins to the southwest of the past-producing Keeley mine in the Canadian Cobalt Camp. First Cobalt’s 2017 drill campaign is targeting cobalt mineralization over a two kilometre strike length, representing less than two percent of its land package with several known historic cobalt-rich mines.


• 0.12% Co over 5.50m, including 0.68% Co over 0.34m in the Woods vein system which, together with the Watson vein, accounted for over 80% of the production in the Cobalt South area of the Cobalt Camp
• Greater than 1.00% Co over 0.42m* in the KeeleyCo#1 vein and 0.60% Co over 0.38m in the KeeleyCo#2 vein
• KeeleyCo#1 and KeeleyCo#2 veins are two metres apart and are interpreted as parallel structures to the Woods vein, where only minor mine workings exist
• Zinc and lead intersected as part of a hydrothermal halo around the vein systems provides another example of previously unknown metal zoning now seen elsewhere in the Cobalt Camp

Trent Mell, President & Chief Executive Officer, commented:

“We have identified cobalt mineralization to the north and south of the historic Keeley and Frontier silver-cobalt mines. Intersecting meaningful cobalt veins at the Woods Vein Extension and now at the southern extent of the Keeley mine has provided important data points and insights into historic mining operations. We are learning valuable structural information in this first drill program that will be applied to an ambitious camp-wide drill program commencing in January 2018.”

Keeley 5 Results

Assays have been received from an additional nine holes from four target areas: Keeley 5 shaft area, Keeley 2, Haileybury and Frontier 1. The most significant results were in drillhole KF-KD-0005 which intersected three different cobalt veins in an area south of the historic Keeley mine and to the west of the Woods Vein (Figure 1).

Table 1. Assay Results Summary for KF-KD-0005
From To Length Co Ag Ni Cu Zn Pb
Vein m m m % g/t % % % %
Woods 75.00 80.50 5.50 0.12 109 0.03 0.02 0.06 0.20
Including 78.42 78.76 0.34 0.68 >1,000* 0.84 0.11 0.53 >1.00*
KeeleyCo #1 198.62 199.00 0.38 0.60 5 0.06 0.02 0.01 0.00
KeeleyCo #2 201.00 201.42 0.42 >1.00* 6 0.55 0.02 0.00 0.00
*Note: Over-range assays are pending for Co (1%), Ag (1000g/t), and Pb (1%)

The Keeley 5 shaft area was targeted because historic mining assays reported high values for cobalt and nickel over several metres at the 8th Level, approximately 130 metres below surface outlining another vein system west of the Woods Vein. Drillhole KF-KD-0005 targeted below a ten metre length of historic workings along the Woods vein, which was assumed to occur as a single cobalt-nickel vein (Figure 2). Assays from this hole returned two additional cobalt intercepts, the KeeleyCo#1 vein and the KeeleyCo#2 vein, suggesting more than one vein occurs in this area.

Limited workings were developed into the KeeleyCo#1 and KeeleyCo#2 veins for test mining and it is believed they were abandoned due to the low silver, high cobalt nature of the veins. A total of five drillholes targeted this area in the current drilling program. The grades in these new cobalt veins, ranging from 0.60% to 1.00% Co or greater, are consistent with other known veins in Cobalt South such as Haileybury and Frontier 1. Skudderudite is the dominant Co-mineral and niccoline is the dominant Ni-mineral; both identified in drillcore logging. Over-range assays are pending for the >1% Co value, which will be calculated with an ICP finish.

Figure 1. Bedrock geology of the Keeley-Frontier-Bellellen mines in Cobalt South area.

Similar cobalt-nickel mineralization to KF-KD-0005 has also been logged in KF-KD-0004 further south. Assays are pending for this hole, but cobalt and nickel mineralization has been identified using a portable X-Ray Fluorescence (XRF) analyzer.
Both drillholes have been surveyed using borehole electromagnetics (EM) and an in-hole response was detected in each. An off-hole response was detected in KF-KD-0004 as well, suggesting the intersections are part of a vein system developed west of the Woods Vein. Results may indicate a multiple cobalt-bearing vein system in the area. Cobalt veining is interpreted to extend to mineralization intersected further south and is open along strike to the north.
Follow-up drilling is planned for this area in January to test the cobalt vein system along strike and closer to surface.

Woods Vein

Cobalt mineralization was intersected in the Woods Vein along with high grade silver. Zinc and lead were also intersected, reflecting a broader hydrothermal system capable of transporting metals. This broader hydrothermal system was noted in previous assay results from the Woods Vein Extension, but has not been well documented by previous companies in the Cobalt Camp.

Drillhole KF-KD-0005 intersected 0.12% Co over 5.50m, including 0.68% Co over 0.34m. The 0.34m intercept also assayed at >1,000 g/t Ag, 0.84% Ni, 0.53 Zn and >1.00% Pb. Presently, results have not been received for over-range assays. Fire assay methods will be used for silver and an ICP finish for elevated Co and Pb will be completed. The Woods and Watson vein system accounted for over 80% of the production in the Cobalt South area of the Cobalt Camp.

Figure 2: East-west cross section showing KF-KD-0005 and nearby drillholes.

The intersection of the Woods Vein appears as a zone of broken core containing abundant clay material. The host rocks are highly silicified and brittle in nature so fracture easily. Core recovery was poor; as such the complete vein may not have been adequately sampled.

Other Targets

First Cobalt has completed 61 holes in its maiden drill campaign in the Canadian Cobalt Camp. The 6,366 metre diamond drilling program was designed to test vein sets mapped in outcrop in ten areas known to be cobalt-rich over a two kilometre strike length encompassing the past producing Keeley, Frontier, Haileybury and Bellellen mines. All drill holes have been geologically logged, sampled and submitted for assays and multi-element geochemistry; assay results have been returned from 17 holes, including those reported in this release.

At the Woods Vein Extension area, assays previously reported from four holes were returned with anomalous metals in separate veins including 0.83% Co and 30 g/t Ag over 0.48 metres in one hole north of the Frontier Mine (see November 2, 2017 press release).
At Frontier 1, results from five of nine holes have been received, which included a previously reported new silver-bearing vein intersected in one of the holes: 27.75 g/t Ag and 0.10% Cu over 9.53 metres (see November 2, 2017 press release). The drilholes targeted calcite stockwork veining and cobalt mineralization mapped at surface and from historic underground plans.

A total of seven holes were drilled at Haileybury. Assay results from four holes were previously reported and an additional hole has also returned no significant Co values (<0.02% Co) despite intersecting calcite veins similar to the vein exposed at surface containing Co and Ni. These results suggest the mineralizing structure here is not well developed.

At Keeley 2 in the eastern portion of the Keeley mine, assays were received from two drillholes without significant Co values.

For a table of drill hole locations and assay results to date, visit https://firstcobalt.com/….

Next Steps

The 2017 drill program was designed to test structures to learn more about vein orientations and determine the grades in the host rocks to known Ag-Co calcite veins and in the veins themselves. Cobalt had been identified near the Woods Vein and Watson Vein, the main sources of silver at the Keeley and Frontier mines, as well as recorded on historic underground mine maps, making them a logical starting point for the drill program.

All drill data, downhole geophysical surveys, bedrock geochemical surveys and interpretations from the summer-fall mapping at the Keeley-Frontier property are being incorporated into a 3D geological model for 2018 exploration work which will include a much larger drill campaign. Successful results from the Company’s electromagnetic surveys (announced December 12, 2017) have prompted testing of a new ground-based electromagnetic system to determine if the cobalt veins encountered by drilling can be detected from surface.

Recent surface sampling results including the Drummond, Juno and Silver Banner mines in Cobalt North, the Caswell mine in Cobalt Central and the Bellellen mine in Cobalt South, together with 2017 drilling assays, will be integrated into First Cobalt’s geological model to plan the 2018 drill program.

Quality Assurance and Quality Control

First Cobalt has implemented a quality-control program to comply with common industry best practices for sampling and analyses. Samples are collected from drill core from a range of 30 to 100cm length. Half-core samples are submitted for analyses. Standards and blanks are inserted every 20 samples. Duplicates are made from quarter core splits every 20 samples. Geochemical data were received from SGS Minerals laboratories in Lakefield, Ontario, Canada. No QA/QC issues have been noted. SGS Laboratories has used a sodium-peroxide fusion and ICP finish for analyses on all samples.

Qualified and Competent Person Statement

Dr. Frank Santaguida, P.Geo., is the Qualified Person as defined by National Instrument 43-101 who has reviewed and approved the contents of this news release. Dr. Santaguida is also a Competent Person (as defined in the JORC Code, 2012 edition) who is a practicing member of the Association of Professional Geologists of Ontario (being a ‘Recognised Professional Organisation’ for the purposes of the ASX Listing Rules). Dr. Santaguida is employed on a full-time basis as Vice President, Exploration for First Cobalt. He has sufficient experience that is relevant to the activity being undertaken to qualify as a Competent Person as defined in the JORC Code.

About First Cobalt

First Cobalt is the largest land owner in the Cobalt Camp in Ontario, Canada. The Company controls over 10,000 hectares of prospective land and 50 historic mines as well as a mill and the only permitted cobalt refinery in North America capable of producing battery materials. First Cobalt began drilling in the Cobalt Camp in 2017 and seeks to build shareholder value through new discovery and growth opportunities.

On behalf of First Cobalt Corp.

Trent Mell

President & Chief Executive Officer

For more information visit www.firstcobalt.com or contact:

Heather Smiles
Investor Relations

In Europe:
Swiss Resource Capital AG – Jochen Staiger
info@resource-capital.ch – www.resource-capital.ch

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

This news release may contain forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as "plans", "expects‘, "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved". Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance and opportunities to differ materially from those implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include the reliability of the historical data referenced in this press release and risks set out in First Cobalt’s public documents, including in each management discussion and analysis, filed on SEDAR at www.sedar.com. Although First Cobalt believes that the information and assumptions used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, First Cobalt disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

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