Chromium Canchrome tallies drilling results

While it has no new tonnage figure yet, Canchrome Mines (ME) believes it has boosted reserves considerably at its Reed-Belanger chromium property near Thetford Mines, Que., following completion of a phase-two drilling program. The company drilled 58 holes representing 41,100 ft. during the phase-two campaign, which in part was aimed at delineating reserves to the south and at depth at the old Reed mine which stopped producing at the end of the Second World War.

Fairly wide widths were encountered during the winter work program: hole RB-91-1 returned 24 metres grading 7.2% Cr2O3, RB-91-11 cut 33.6 metres of 7.4% and RB-91-8 intersected 14.9 ft. of 8.8%.

The phase-one program, involving 21,000 ft. of drilling, delineated 3.7 million tonnes grading 6.3% Cr2O3, including 2.3 million tonnes at 6.1%.

Chromium is used mainly in the production of stainless steel and special alloys. Canchrome said all chromium consumed in North America is imported.