- Fjordland Exploration (FEX) is continuing to conduct a VTEM airborne geophysical survey over the claim group at its Renzy Nickel Copper Project
- The survey had been suspended in April and was re-started in August to fly areas south of the original Renzy area
- Initial results have identified three of the strongest geophysical conductors comparable to those at the Renzy mine site
- In anticipation of an expanded airborne survey the company staked an additional 120 claims to the south and east of the original property
- Fjordland Exploration is unchanged, trading at $0.12 at 1:23 pm ET
Fjordland Exploration (FEX) is continuing to conduct a VTEM airborne geophysical survey over the claim group at its Renzy Nickel Copper Project.
The project is located north of Maniwaki, Quebec.
Preliminary results identified several conductive anomalies in and around the historic Renzy mine before the survey was temporarily suspended during moose calving season.
The Vancouver-based exploration company re-started the survey in August to fly areas south of the original Renzy area.
While still in progress, initial results have identified three of the strongest geophysical conductors comparable to those at the Renzy mine site.
In anticipation of an expanded airborne survey the company staked an additional 120 claims to the south and east of the original property.
The total land area controlled by Fjordland is now 308 square kilometres.
“The three new conductive signatures south of the Renzy Shear Zone offer the Company a huge opportunity to find additional mineralized bodies like the original high grade Renzy mine. As far as we’re aware, there is no record of this area ever being explored by geophysical surveys, other than government magnetics. If these zones prove to host nickel mineralization, it will help confirm our theory that the Renzy Shear Zone could be the conduit for nickel and copper enrichment and may lead to larger deeper deposits to be found in the future. In the meantime, our intent is to piece together enough mineral resource to make the area economically viable,” said Fjordland CEO James Tuer.
Fjordland Exploration is unchanged, trading at $0.12 at 1:23 pm ET.
