• Mink Ventures (MINK) completed its Phase 1 drilling at the Montcalm Project
  • The first of a three Phase borehole induced polarization (IP) survey was completed in January 2023 at the Hook Zone
  • The program outlined three high priority targets with strong chargeability or responses associated with strong magnetic responses
  • Mink Ventures’ project sits close to Glencore’s Montcalm Mine roughly 65 km outside of Timmins, Ontario
  • Shares of Mink Ventures are unchanged at C$0.18

Mink Ventures (MINK) completed it Phase 1 drilling at the Montcalm Project near Timmins, Ontario.

The drilling program, which totaled 822 metres, was completed at the property’s Hook Zone to test two of three targets identified in borehole IP surveys.

The company said it completed the first of a three-phase borehole IP survey at the Hook Zone in January of this year.

Mink Ventures said the program outlined three high priority targets with strong chargeability and conductive responses associate with strong magnetic responses.

The borehole IP targets sit in the “gabbro phase” Of the Montcalm gabbro complex where the former Montcalm Mine is located.

The company also completed the first phase of a surface IP survey in the South Target Area, which outlined a highly-conductive broad IP target with a strike length or roughly 500 metres.

Shares of Mink Ventures (MINK) are unchanged at C$0.18.

More From The Market Online
The visiting team, composed of geologists and geochemists, was led by Professor Seo Jeong-hoon from the Department of Geology at Seoul National University.

Global geologists visit Almonty tungsten mine in South Korea

A team of geologists from around the world visited Almonty Industries’ (TSX:AII) Sangdong Tungsten mine in South Korea this week.
Cannabis Report image of farmed cannabis plants

The Market Online’s Weekly Cannabis Report – Sept. 6, 2024

Trulieve Cannabis and Tilray Brands top the list of the latest news in The Market Online's Weekly Cannabis Report.
Two pieces of a puzzle fitting together with image of two people shaking hands in background

Founders Metals plans to acquire 51% of Antino Gold Project

Founders Metals (TSXV:FDR) reveals it will exercise its right to acquire 51 per cent of the Antino Gold Project in southeastern Suriname.