Commences New Brunswick Drill Campaign
Vision Lithium Inc. (TSXV: VLI) (OTCQB: ABEPF) has kicked off a 1,500m drill programme on its Red Brook Cu-Zn property located in Northern New Brunswick, Canada. The drill programme on Red Brook will test at least six high-priority targets on the property, which were generated from historical Induced Polarisation (IP) and recent airborne Electro Magnetic (EM) anomalies.
President and CEO, Yves Rougerie, said the company recently completed a ~900 km helicopter-borne magnetic and electromagnetic survey (MAG-EM) at 50m spacings over the Red Brook copper-zinc property.
The survey located several areas of multiple strong EM conductors which appear to follow the outer contact of a large magnetic anomaly reflecting the Red Brook intrusive, a variably magnetic granitoid intrusion likely responsible for the mineralising events.
Most of the EM anomalies are either untested or else poorly tested by historic drilling, and in many cases not sampled. They represent multiple priority drill targets for follow-up exploration. The IP anomalies from the RTZ survey appear to be adjacent to and laterally continuous with the EM anomalies, likely indicating different percentages of sulphide mineralisation in each. The IP anomalies are also poorly or not tested by drilling.
“Of interest, most of the historical drilling, even on the Red Brook zone, was done outside the strong EM anomaly zones, indicating the most conductive and likely best targets have not been tested,” Mr Rougerie said.
“In addition, the historical exploration results also suggest higher conductivity, partially caused by increased pyrrhotite mineralisation, is also associated with higher Cu and/or Zn grades.
“ I am very excited to start this drill programme per our plan of drilling our copper and base metals projects this summer with the work on the Manitoba lithium project likely to begin later in the year pending permitting. From a macro perspective Copper and Zinc prices remain robust and we are in a safe mining friendly jurisdiction of New Brunswick.”
The Red Brook Cu-Zn-Ag-Au mineral exploration property is located approximately 60 km west of the Bathurst volcanogenic massive sulphide (VMS) District. Diamond drilling in the early 1960’s intersected skarn and porphyry type copper and zine occurrences near the western limit of the property dubbed the Red Brook zone.
More recently, Puma Explorations completed ground prospecting and stripping, trenching and sampling of the Red Brook zone revealing complex breccia mineralisation with zones of high-grade zinc mineralization and widespread low grade copper mineralization.
Outcrop sampling returned zinc values of up to 15% Zn as well as gold and copper values up to 2.62 g/t Au and 0.5% Cu. Most recently RTZ optioned the property and completed a ground IP survey which revealed several strong anomalies but failed to drill the targets. The property has seen limited drilling and has the potential to host significant copper porphyry-base metal skarn related mineralisation.
For further information please visit: https://visionlithium.com/
