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The Santrap Occurrence

A Max/Min II EM survey and Spectral I.P. survey has been completed over the Santrap area. The geophysical surveys have highlighted a number of drill targets over conductors with an aggregate strike length of at least 300 metres. Follow-up diamond drilling in Phases 1 and 2 identified several distinct exhalative horizons with strong Au, Ag, Cu and Zn values. The iron sulphides and base metals show distinct stratigraphic zonation, typical of Kidd Creek type VMS environments, with sulphides hosted by the footwall rhyolites tending to be rich in Cu, whereas sulphides in the hanging wall basalts are rich in Zn. Review of the core and a comparison of the sulphides in holes 1, 2 and 4, indicate that there appears to be an increase in thickness and base metal grade of sulphides with depth and towards the west.

Over the northwest parts of this target, other weaker conductors, possibly representing massive sulphides at depth, will be tested in the forthcoming exploration program.

As a result of the drilling program the Corporation has staked an additional 82 claim units to accommodate the potential strike length of the Santrap mineralization.

Summary of Drill Results for Santrap Grid:
  • 0.95% Zn over 78.5-81.3m (2.8m) in Santrap hole SA-06-02.
  • 0.23% Zn over 96.4-104.5m (8.1m) in Santrap hole SA-06-04.
  • Strong Cu values of approximately 0.2% over much of hole SA-06-05.
  • Hole SA-06-04 and SA-06-05 have interesting Au values up to 804 ppb.
Laurion Mineral Exploration Inc.