Engineering & Mining Journal

MAY 2018

Engineering and Mining Journal - Whether the market is copper, gold, nickel, iron ore, lead/zinc, PGM, diamonds or other commodities, E&MJ takes the lead in projecting trends, following development and reporting on the most efficient operating pr

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REGIONAL NEWS - EXPLORATION ROUNDUP MAY 2018 • E&MJ; 23 www.e-mj.com All marks used are trademarks and/or registered trademarks of Henkel and its affiliates in the U.S. and elsewhere. ® = registered in the U.S. Patent and Trademark Office. © 2018 Henkel Corporation. All rights reserved. 1017341 (4/18) To locate a Henkel Certified Applicator visit: www.na.henkel-adhesives.com/protectivecoatings or call 1-800-LOCTITE (562.8483) Whatever You Rebuild, Repair and Protect…. Find the Right Solution LOCTITE ® Protective Coatings and Compounds restore worn surfaces and extend the life of new and existing equipment. These products: • Increase efficiency • Save costs by avoiding part replacement and reducing spare-part inventories • Protect parts against abrasion, erosion, chemical attack and corrosion Restoring and Improving the Performance of: • Pumps • Chutes • Cyclones • Fans • Exhausters • Conveyors/Augers • Centrifuges • Dust Collectors on what will be the largest drilling cam- paign since 2012 on the Rackla gold prop- erty. Our technical team will work alongside Barrick to unlock the discovery potential we see emerging at the Orion project. Mean- while, we will be looking to expand some of the highest-grade gold zones identified to date at our wholly-owned Osiris project and will continue to advance prospecting activity at our Rau project, where results indicate the potential for a district-scale polymetallic discovery." (www.atacresources.com) Exploration Briefs North American Palladium has report- ed encouraging results from the winter exploration program at its Sunday Lake project 25 km northeast of Thunder Bay, Ontario. Highlights include an intercept of 18.65 m of 4.05 g/mt combined plati- num, palladium, and gold (3E), including 4.9 m of 6.1 g/mt 3E and 0.64% copper that appears to represent a fault-related southwesterly extension to the previous- ly intersected PGM mineralization in the eastern part of the Sunday Lake intrusion. Another hole intersected 35.8 m of 3.9 g/mt 3E, including 6.5 m of 8.3 g/ mt 3E with 1.08% copper and 0.36% nickel, establishing local-scale continuity in the vicinity of the previously reported thickest and highest-grade mineralization on the property. Still another intersected 33.2 m of 2.8 g/mt 3E, including 5.9 m of 6.8 g/mt 3E and 0.67% copper, with 1 m of 17.5 g/mt 3E and 1.48% copper, representing the first discovery of PGM mineralization in the central part of the Sunday Lake intrusion. North American Palladium Vice Presi- dent of Exploration Dave Peck said, "The discovery of PGM mineralization in the central part of the property, with extensions to the eastern area of mineralization, are very positive developments that open up a much larger area for exploration. We have a better understanding of the controls on PGM mineralization, which suggest that the thicker and higher-grade areas were de- veloped along two major structural trends and are detectable using geophysical data. These new insights are generating addi- tional targets for future drilling programs." (www.napalladium.com) Denison Mines has discovered high-grade uranium mineralization 600 m and 1 km northeast of the Gryphon uranium deposit on its 63.3% owned Wheeler River proj- ect in northern Saskatchewan. The com- pany's winter drilling program included 21,153 m in 29 diamond drill holes. The program was focused on step-out drilling along strike of the Gryphon deposit and reconnaissance-level regional exploration along the K-North and K-West trends. High-grade intercepts were obtained at the sub-Athabasca unconformity along the K-North trend to the northeast of Gryphon from reconnaissance drill fences spaced 200 m apart. The results indicate a contin- uation of the Gryphon mineralizing system to the northeast and highlight the potential for discovery of an additional high-grade uranium deposit within the basement or at the unconformity along strike of Gryphon. In addition, wide-spaced reconnais- sance drilling along the K-West trend, approximately 500 m west and northwest of the Gryphon deposit, has identified the hallmarks of a significant fertile trend with the potential to host high-grade uranium, including a large reactivated graphite-bearing fault zone, hydrothermal alteration, and elevated radioactivity. (www.denisonmines.com)

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