Altius' began working at the Natashquan Project in Labrador in 2008 to follow
up on platinum mineralization originally reported by the Newfoundland & Labrador
geological survey.
Multiple seasons of recce prospecting programs at Natasquan have focused on follow
up of significant EM anomalies generated by an AeroTEM II/Magnetic survey
flown by Altius over the property in 2008. Subsequent rock and soil sampling of
those areas has resulted in discovery of several high grade
copper-nickel-platinum occurrences associated with the EM conductors and
magnetic anomalies.
Some exploration highlights include:
- 2.68g/t combined Pt, Pd and Au (grab)
- 6.14% Cu and 388ppb Pt
- 1.04g/t combined Pt, Pd, Au and 1.06% Cu over 1.30m (channel)
- 1.04 combined Pt, Pd, Au and 3.92% Cu over 1.00m (channel)
- 2.49g/t combined Pt, Pd and Au and 1.07% Ni (grab)
- several grab samples >7% Cu
- soil samples up to 26,000ppm Cu
This project represents frontier exploration with drill ready targets and is
available for option.