Canada's Next Primary Cobalt Producer
Norpax Overview
The Norpax Deposit is located approximately 7km east of the Ontario-Manitoba border and lies under a lake that has variously been named Tigar and Almo. In addition to the main deposit other drilled smaller zones are reported up to 500m east and 1000m west with the western trend of mineralisation merging with that of the Big Zone.
Exploration in the 1950s through 1970s discovered the Norpax Deposit which was explored by underground development as well as surface drilling. Norpax Nickel Mines Ltd. sank a 3 compartment shaft to 402 ft in 1958 after surface drilling. Norpax never reached production but in the course of underground development two levels were established at 250 ft and 375 ft depths and a deposit delineated aggregating 1 million tonnes grading 0.5% Copper and 1.2% Nickel (Historic non-compliant NI 43-101 resource). Atikwa held options on the Norpax claim and undertook a limited drilling program of five holes in 2003 and demonstrated that the copper nickel mineralisation of the deposit had a significant platinum group metals content with combined values ranging up to nearly one gram per tonne.
In April of 2009, Puget Ventures entered into an agreement with Harper Capital Inc. to earn a 100% option to purchase the mineral interests in the Norpax Property. A drill work program commenced in the fall of 2009 with successful intersections expanding it at depth by 100m and potentially along strike for several hundred metres.
Work has continued since to better define and confirm historical data.
Investor Resources
-
VantageWire Conversation with Erin Chutter, President of Puget Ventures
- BNN Conversation with Erin Chutter, President of Puget Ventures
Email:
info@pugetventures.com
Phone Number:
Office: +1 (604) 688-4219
Fax: +1 (604) 688-4215
Address:
Suite 1510-1050 West Pender St
Vancouver | BC | V6E 3T4
Website:
www.PugetVentures.com
