Business
Beyond Minerals Stakes Claims In Northwestern Ontario And Provides Exploration Update
WINNIPEG, MB, Sept. 2, 2022 /CNW/ - Beyond Minerals Inc. (the "Company" or "Beyond Minerals") (CSE: BY) is pleased to announce that it has staked 114 claims cov
About this update from Beyond Minerals Inc
[{"type":"text","content":" WINNIPEG, MB, Sept. 2, 2022 /CNW/ - Beyond Minerals Inc. (the \"Company\" or \"Beyond Minerals\") (CSE: BY) is pleased to announce that it has staked 114 claims covering an area of 2,220 hectares located approximately 190 km north of Red Lake, in the Borland Lake, Favourable Lake, and Gorman River areas of Northwestern Ontario, adjacent to Midex Resources' Berens project and located near Frontier Lithium's PAK property. The claims are situated within and adjacent to the Favourable Lake greenstone belt, which surrounds the historic Berens River Mine and contains many untested gold, base metal and lithium occurrences. The area has an exploration history dating back to the late 1920s; however, it has been subject to only spatially limited ground exploration. Most exploration in the area, including surface drilling and underground development and drilling, has been concentrated on the historical Berens River Mine No.1 vein, the subparallel unmined No. 3 vein, and the immediate surrounding area. Between 1939 and 1948, Berens River Mines processed 560,707 short tons of mill feed at a rate of approximately 204–250 tons per day from the No.1 vein, producing 157,339 ounces of gold, 5,684,360 ounces of silver, 4,129,766 pounds of lead, and 740,567 pounds of zinc (see the NI 43-101 technical report on the Berens River Project, dated October 15, 2021, prepared for Midex Resources Limited by qualified person Ian Trinder, M.Sc., P.Geo.). Dr. Craig Gibson, President and CEO of Beyond Minerals, commented, \"Northwestern Ontario is a promising area for high-grade gold deposits and battery metals. Its large territory of under-explored greenstone belts has attracted interest from several top-tier gold producers, including Barrick, Evolution Mining, and Kinross, which have further established the region as a leading mining hub.\" The Company is further pleased to announce that it has contracted with Prospectair Geosurveys Inc. to conduct an airborne geophysical survey over the Fabie block of its Easterchester-Fabie property, located approximately 35 kilometres northwest of the City of Rouyn-Noranda, in the province of Quebec. The survey is scheduled to be completed in September 2022. The Company is also evaluating options for advancing a preliminary drill program on the Fabie block, which would be completed in the fourth quarter of this ...