Diadem and Ateba begin search for base metals

An exploration crew from Diadem Resources (ME) has started surface mapping and prospecting at the Pekan River copper-nickel-cobalt prospect in Quebec’s Couchesne Twp., 60 km south of Wabush, Nfld.

Mineral compilation maps of the region show that the property includes three copper-nickel discoveries and one copper-zinc discovery. The main showing on the property contains pyrrhotite, pentlandite and chalcopyrite. A line-cutting program, followed by a magnetometer survey, will begin shortly.

A recent airborne electromagnetic survey shows 20 conductive bodies, most of which are magnetic. The current program will correlate these unexplored targets with the exposed base metal mineralization.

Meanwhile, an affiliated company, Ateba Mines (CDN), has acquired an 89-sq.-km property on the Quebec-Labrador border 179 km north of Churchill Falls, Nfld. The property includes an aeromagnetic anomaly traceable for 48 km of perimeter length, and a coincidental gossan zone with strongly anomalous copper, nickel and cobalt.

Ateba is also acquiring a 40-sq.-km claim block which covers the Labrador portion of a 10-km-long aeromagnetic anomaly. The property has been mapped as gneisses similar to those found at Voisey Bay, 115 km to the east.

Ateba has started mapping, prospecting and sampling of the two properties.

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