SUDBURY, ON, July 2 /CNW/ - In 1999, Flag's drill hole, BL 99-1, located north of Boland's Lake, Rathbun Township, in the Wanapitei Anomaly, intersected 371 feet of quartz rich gabbro (silicified gabbro), containing pyrrhotite and chalcopyrite, from 154 to 290 feet and from 630 to 865 feet. Flag has confirmed the presence of quartz rich gabbro in two outcrops, 200 feet apart, 750 feet east and 100 feet north of BL99-1. The outcrops, 100 percent altered, with epidote chlorite and biotite, contain 23.8 and 20.2 percent purest quartz respectively. Flag is drilling an exploratory drill hole into one of the quartz rich gabbro outcrops, to test its potential for pyrrhotite and chalcopyrite and drilling an exploratory drill hole into a nearby VLF airborne anomaly, confirmed on the ground by a VLF survey.
COBALT HILL In July 2001, Flag asked Dr. Eva Schandl, Geological Consultant, Research Associate, Department of Geology, University of Toronto, to do a mineralogical study of mineralized outcrops, called "Cobalt Hill", located 2600 feet southeast of the Wolf Lake gold-copper deposit in the northern perimeter of Mackelcan Township in the Wanapitei Anomaly. In her first report, Dr. Schandl informed Flag that the ubiquitous occurrence of fuchsite (chromium (CR) rich muscovite) in quartz veins of the altered sedimentary rocks in drill hole CH92-1, Flag's vertical drill at Cobalt Hill, supported the concept of a mafic/ ultramafic igneous intrusion in the vicinity of the sedimentary rocks, as chromium is a relatively immobile element, not likely to move far from its source. As fuschite only persists to 2200 feet in the drill hole, the suspected igneous sources could be within mineable depth. Continuing her mineralogical studies, Dr. Schandl made a significant discovery. She detected the presence of salt cubes in fluid inclusions in the quartz veins at the drill hole, which indicated super-saline fluids in the inclusions. Fluid inclusion analysis confirmed that the fluids at Cobalt Hill were comparable to the super-saline fluids documented in ore deposits in the adjoining Sudbury Anomaly. The significance of Dr. Schandl's discovery is that the saline fluids in the Sudbury deposits are believed to have been responsible for the mobilization and concentration of platinum group elements and copper. Continuing with her mineralogical study Dr. Schandl reported to Flag that she had detected, in pyrite within quartz veins that had crystallized from the super saline fluids, the ubiquitous presence of small inclusions of three nickel-bearing sulfides - pentlandite, gersdorffite and bravoite, as well as chalcopyrite, mercury tellurides and gold, suggesting that the source of the saline fluids must have been rich in nickel, copper and gold. Flag believes that this is the first discovery of Sudbury type mineralization in the Wanapitei Anomaly, and the first in the Sudbury mining camp, to be discovered by mineralogical and fluid inclusion studies. Dr. Schandl suggests that the source of the metals, like the source of the chromium, is a mineralized mafic/ultramafic igneous intrusion probably not too far away and not too deep. An application has been made, on behalf of Flag, to the Ontario Mineral Exploration Technologies (OMET) Program, for a grant of $299,840 with Flag contributing $74,960 for a total of $374,800 for a project to test the theory that the source of the Ni-Cu-PGE mineralization, discovered by Dr. Eva Schandl's studies at Cobalt Hill, may be a relatively shallow (650 to 1000 metres deep) Sudbury style mineralized mafic/ultramafic intrusion. The proposed exploration team for the project consists of a variety of experts in the field: Dr. Peter Giblin, Sudbury, Geologist and field leader Dr. Eva Schandl, Toronto, Mineralogist and research leader Dr. Micheal Gorton, Toronto, Geochemist, Professor, University of Toronto Eberhart Berrer, Sudbury, Geophysicist Nick Contini, Calgary, Mineral Process Engineer, SNC Lavalin Group Edwin Bauer, Calgary, Project Mining Engineer, SNC Lavalin Group
From 2002 to 2003, the project team proposes to conduct a detailed investigation of the nature of fluids and sulfide minerals, in the Cobalt Hill area, along with high resolution aeromagnetic, audio-magnetotelluric (AMT) and down the hole electro-magnetic surveys to locate the mafic/ultramafic intrusion that is considered to be the source of chromium, cobalt and nickel-copper bearing sulfides identified by Dr. Schandl's studies. The project team would also, by using a combination of techniques that includes geophysical methods, combined with mineralogy, fluid inclusion systems and geochemistry, endeavor to make a significant exploration technology breakthrough, by the development of new methodology, that could be used to find buried Sudbury-type intrusions and deposits in areas covered by Huronian sediments, such as the 54 mile long Wanapitei Anomaly, which adjoins the Sudbury Anomaly and the Sudbury Igneous Complex. |