Clear Air Metals (TSX-V:AIR) is about to launch a 2,000m drilling program subsequent week on the Thunder Bay North Crucial Minerals Venture in Canada.
This system will comprise 12 drillholes, centered on focusing on near-surface high-grade zones on the Present deposit — which is taken into account the bigger of the 2 disseminated sulphide sources included in Thunder Bay North.
This system may even deal with new targets uncovered from current geophysical fashions.
Vice President of Exploration Lionnel Djon says this follow-up program goals to delineate further high-grade pods at Present.
“The planned downhole electromagnetic surveys will help constrain the size of each high-grade zone being tested,” Djon says.
“Ultimately, we are working towards defining a mid-tonnage, high-grade, high-margin project.”
Below the Ontario Junior Exploration Program, Clear Air will obtain as much as C$200,000 ($223,737) to additional advance its exploration efforts on the Escape down-plunge goal.
The corporate is at present integrating current outcomes from its passive seismic surveys with different geophysical knowledge to uncover targets for a future drilling program.
“This input of non-dilutive capital represents an important contribution to junior exploration companies like Clean Air Metals,” CEO Mike Garbutt says.
Minister of Mines George Pirie says investing in vital mineral exploration is pivotal to construct a powerful economic system and provide chain in Ontario.
“This C$200,000 investment through the Ontario Junior Exploration Program will help Clean Air Metals unlock platinum deposits at their Thunder Bay North project, creating lasting opportunities for the mining sector and strengthening Ontario’s leadership in critical mineral development,” Pirie says.
In conjunction, Clear Air is making ready an software to maneuver Thunder Bay North to a complicated exploration standing within the first stage of the provincial mine allowing course of.
The corporate utilized in June 2022 to transform a few of the mission claims right into a mineral lease. Clear Air notes the pending approval represents a vital step towards probably extracting potential bulk samples.
The Thunder Bay North Venture, which sits 40km northeast of Thunder Bay, Ontario, hosts 13.8 million tonnes containing 2.4 million tonnes of platinum with important potential for enlargement down-plunge.
Clear Air Metals is a Canadian-based platinum and palladium explorer centered on advancing its flagship Thunder Bay North Venture in Ontario.
Write to Aaliyah Rogan at Mining.com.au
Pictures: Clear Air Metals
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