Emergent Metals To Conduct 4,000 Metre Drill Program At Trecesson Property
Emergent Metals (TSXV: EMR) is set to begin drill testing its Trecesson Property, which is found in Quebec. The firm this morning revealed plans for a drill program to be conducted on the property in the near term.
The program is set to consist of 4,000 metres of drilling, which will follow-up on historic drilling conducted in 2011 and 2017. The property has seen a total of 154 drill holes conducted for an aggregate 6,694 metres, with the average hole length being 43.4 metres.
Historic drilling focused on the Cossette North and South veins, which Emergent also intends to focus on, however the firm intends to conduct drilling at greater depth while also looking to extend the strike length of known mineralization. Prior exploration was conducted by Knick Exploration, with historic results said to include:
- TR-11-61: 33.10 g/t gold over 1.5 metres from a depth of 23.0 metres
- TR-11-111: 20.50 g/t gold over 1.10 metres from a depth of 17.60 metres
- TR-11-78: 13.65 g/t gold over 1.45 metres from a depth of 6.80 metres
The North Cossette Vein currently has a strike length of 300 metres, while the South Vein has a strike length of 175 metres. The two veins are separated by approximately 370 metres, with further exploration required to determine if they connect.
READ: Emergent Metals To Conduct Flow Through Financing
Separately, the company also indicated that the property has been expanded to 2,360 hectares, following the purchase of 147 hectares of claims for $6,000, with the purchase said to consist of nine mineral claims. The claims are located interior to and on the northern end of the main claim block for the Trecesson property. A further 130 hectares worth of claims were also staked on the north end of the main claim block, with the new claims covering a region that was subjected to 2,372 metres of drilling via 21 holes in 1985.
A timeline for the start of the planned drill program was not provided.
Emergent Metals last traded at $0.25 on the TSX Venture.
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