SASKATCHEWAN – Following up on a positive 2019 exploration program, Rio Tinto is planning 2,000 metres of drilling, plus mapping, prospecting and geophysical surveys this year at the Janice Lake copper-silver project in northern Saskatchewan.
The major is earning up to an 80% interest in the project from Forum Energy Metals, which has optioned the property from Transition Metals.
Last year’s program at the sedimentary copper-silver project, located 55 km southeast of Key Lake, included 21 drill holes totalling 5,209 metres.
Drilling targeted the Jansem target (nine holes), the Janice target (nine holes), and the Kaz target (three holes), with drilling at Jansem and Janice returning copper mineralization at good grades and continuity over significant thickness, starting at surface.
Highlights included a hole at Jansem that cut 5 metres of 1.32% copper and 3.42 g/t silver within a longer 51.8-metre interval grading 0.57% copper and 1.5 g/t silver (starting at 116 metres depth).
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