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Steadright Critical Minerals Commences Summer Exploration on RAM District Size Nickel-Copper- Cobalt Potential
September 6th, 2023 – TheNewswire - Huntsville, ONT. - Steadright Critical Minerals (CSE:SCM) (“Steadright” or the “Company”) is pleased to announce that Steadr
About this update from Steadright Critical Minerals, Inc.
[{"type":"text","content":"September 6th, 2023 – TheNewswire - Huntsville, ONT. - Steadright Critical Minerals (CSE:SCM) (“Steadright” or the “Company”) is pleased to announce that Steadright’s exploration team has commenced its exploration program on the highly prospective RAM project near Port Cartier, Quebec, which is associated with Nickel-Copper-Cobalt- PGE mineralization. The RAM project has a strike length of over 9km on the “Main Block” area and a 2km splay with both over 500 meters wide and open at depth. The entire strike length currently contains, “Drill Ready” targets based on the alignment of the magnetic, gravity, ground and airborne EM anomalies coincident with identified geological targets. The first phase of the exploration program includes prospecting the old INCO workings on the West side of the RAM property, which was recommended at the time by INCO Geologists to follow up on the Ni, Cu, Co, PGE potential, along with exploring the newly acquired RAM Nord property. Environmental studies and drilling are presently being discussed for this season as the area of the Gaspe Bay stays warmer for longer extending the possible drilling season until mid-December. The RAM Property is a model for magmatic Ni-Cu-Co-PGE sulphides, which suggest deposits formed by segregation of immiscible sulphide-melt from a silicate-host magma. These deposits evolve via processes such as magma mixing, rapid cooling, differentiation and contamination (sulphur sources). (RAM) Project area showing historic drilling (Black) 3D Modeling 9km Strike Length Robert Palkovits, V.P. of Exploration for Steadright notes, “Strategically, the geological environment can host deposits such as that found at Voisey’s Bay, NL, or as Talon Resources (TSX: TLO) and Polymet (TSX: POM) in the Duluth Complex situated within anorthositic complexes. These deposits can range from smaller, high-grade deposits to very large low-grade deposits. Based on current data and the shear size of the complex, all options for tons and grade are on the table for what may exist on the property.” John Morgan, Steadright CEO comments, “Steadright’s World class team of experts in Nickel and Copper has put together a terrific historical compilation. The RAM Ni-Cu-Co project near Port Cartier is situated in a World class location with access to Worldwide distribution with infrastructure and deep-water ports and...