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Schreiber–Hemlo Big Bear Exploration Update
Schreiber–Hemlo Big Bear Exploration Update.
About this update from Fulcrum Metals Plc
[{"type":"text","content":"\n\n13 September 2023\n \n \nFulcrum Metals plc\n(\"Fulcrum\" or the \"Company\" or the \"Group\")\n \nSchreiber - Hemlo phase 2 exploration update on Big Bear\n \n3km gold mineralised corridor and new drill targets identified\n \nFulcrum Metals plc (LON: FMET), a company focused on mineral exploration and development in Canada, is pleased to provide an update on the exploration programme at the Big Bear property, part of the Group's Schreiber-Hemlo project in Ontario.\nDuring the summer of 2023, Fulcrum has undertaken a phase 2 exploration program consisting of rock sampling and detailed geological mapping across the Schreiber-Pyramid area of the Big Bear property followed by an extended phase 2 program focussed on infill soil sampling of areas with limited or no bedrock exposure.\nHighlights of extended phase 2\n· A total of 141 rock samples taken reporting up to 17.6g/t Au including: -\no High‐grade gold at Schreiber No. 1 vein north (7.17g/t Au, 13.6g/t Au, 1.91 g/t Au) and south (12.9g/t Au and 1.74g/t Au).\no High grade float vein material <150m west-northwest of the vein No.1 trench (17.6 g/t Au) suggesting possible vein extension.\no A newly discovered vein north of the former Johnston‐McKenna Mill yielded gold assay values in initial grab samples up to 1g/t Au - given the nuggety nature of the gold veins at Big Bear this has the potential to be a significant discovery.\no Anomalous gold in gossanous sheared basalts between the Johnston‐McKenna Mill and Cook Lake Iron Formation (0.33g/t Au) represent a new target for a possible bulk tonnage gold deposit.\no Gold in sheared basalts 140m west-southwest of the Twomey Powerline Occurrence (1.28 g/t Au) again pointing to a possible larger-scale target in this area.\n· Out of the 329 soil samples taken 38 returned highly anomalous values in excess of 20ppb Au and up to 929ppb Au (0.93g/t Au), which now outlines 9 soil anomalies: -\no 3 very strong soil anomalies and 3 soil anomalies with recommended further detailed work around the Schreiber-Pyramid and Twomey areas.\no 2 anomalies around the Johnston-McKenna area recommended for further investigation.\no An additional very strong soil anomaly to the west of the Schreiber-Pyramid, known as Sch...