LOCATION: 20km east of Flin Flon, Manitoba: NTS 63K13
New VTEM 35 Airborne Electro-Magnetic (VTEM) geophysical surveys have outlined 4 untested anomalies, including one very large and prospective AEM anomaly at Alberts Lake.
This would be a game changer for Copper Reef as in 4.5 to 3 years respectively, Hudbay Minerals will be out of feed from its Triple 7 and Reed Lake mines as they close resulting in a real need to fill the Flin Flon mill. It takes 3 years to build a mine to a discovery soon will make all the difference. The Alberts Lake Geophysical Expression in on the same order of magnitude as the former Trout Lake Mine which produced over 20,000.000 tonnes of Copper-Zinc-Gold Ore.
The 100% owned large (6000 ha) Copper Reef-held property is located immediately north of four former mines as well as other significant prospects now being drilled by Callinex Mines Ltd. and lie in the same stratigraphic host rocks as the former producers.
The Copper Reef property also contains two known VMS deposits and large areas of intense VMS style alteration that generally underlie large deposits.
There were no deep penetrating geophysical surveys that tested the area with the new VTEM anomalies below the 75 m level. These targets are untested by drilling. The new AEM geophysical targets are essentially ready for drill testing. Drill Ready
The significance of the alteration maps below is that the alteration associated with the Leo Lake deposit extends well northward beneath Leo Lake and continues to the bay located just south of the Alberts Lake VTEM anomaly.
Modeled Alberts Anomaly from an oblique looking east perspective using two plates
The northern plate is shorter with a steep dip of 70 degrees; the southern larger anomaly is larger with a shallower dip of 50-60 degrees. Over all strike length exceeds half a km.
Aimee Lake anomaly in figure below is shown in red circle