Excalibur Resources Begins Exploration Program at Sturgeon Lake
Excalibur Resources reports the ongoing exploration program at Sturgeon Lake, northwestern Ontario.
Excalibur’s Sturgeon Lake property is directly along strike and to the east of 6 VMS deposits that were mined between 1970 and 1991. A total of 19 million tonnes of ore was mined from these 6 VMS deposits with typical grades of 9% zinc, 1.5% copper, 140 g/tonne silver and 0.5 g/tonne gold. These 6 mines and the Sturgeon Lake property are all in the Sturgeon Lake Greenstone Belt. Another nearby past producing mine in the Sturgeon Lake Greenstone Belt is the St. Anthony Gold Mine that produced 63,310 ounces of gold at an average grade of 6.6 g/tonne.
For complete news release, click here.
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Wed, Jun 9, 2010
Post by Geetha Raghavan, Gold Research Manager