CAPTAIN
// NEW BRUNSWICK, CANADA //
Copper/Cobalt – 100% owned
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Copper/Cobalt – 100% owned
The Captain, CNE and Taylor Brook are situated in the heart of the renowned Bathurst Mining Camp in northeast New Brunswick, Canada, one of the world’s greatest zinc-lead-silver districts.
The properties all lie within a 20 kilometre radius of three world-class base metal mines, namely Brunswick No. 12 (for many years the world’s largest underground zinc mine), Brunswick No. 6, and Heath Steele. Stratabound’s wholly-owned claims host three known base metal sulphide bodies: the Captain, CNE and Taylor Brook deposits. All four projects present superior potential for continued discovery of zinc-lead-silver-copper volcanogenic massive sulphide (VMS) deposits.
In 2011, Stratabound received a National Instrument 43-101 compliant Technical Report, including a Mineral Resource Estimate, from Mercator Geological Services. This resource estimate, summarized below, reflected mineralization defined by 30 holes drilled by Stratabound.
See also:
Bathurst Properties – Preliminary Economic Assessment, Nov 23, 2011
The deepest hole to date intersected 19.5 metres of massive sulphide mineralization grading 1.12% copper, within which 8.5 metres graded 2.11% copper, 0.052% cobalt, 12.4 g/t silver, and 0.30 g/t gold, including 2.0 metres of 5.46% copper, 0.093% cobalt, 30.5 g/t silver, and 0.65 g/t gold.
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