Breaking the numbers down further, the figures look like this (with contained metal):
- Indicated: 5.50% zinc (6.78 billion lb.), 1.58% lead (1.92 billion lb.), 24.2 g/t silver (43.5 million oz.), 10.98 g/t germanium (614,800 kg) and 7.38 g/t gallium (412,900 kg).
- Inferred: 5.15% zinc (5.5 billion lb.) 2.08% lead (2.2 billion lb.), 25.3 g/t silver, 39.4 million oz.), 8.14 g/t germanium (394,400 kg) and 5.82 g/t gallium (282,100 kg).
“We are excited to be able to demonstrate the presence of significant quantities of byproduct elements germanium and gallium, propelling Macpass to a premier spot on the world stage of critical mineral districts,” said CEO Peter Hemstead.
“The mix of such large accumulations of the critical minerals zinc, tungsten, germanium and gallium on one property represents a strategic asset for North America and represents a tremendous economic opportunity for northern Canada,” he added.
This year’s exploration program at Macpass is now complete. A total of 16,013 metres were drilled in 49 holes, and assays are pending for most holes. A large regional program was also completed, including extensive ground gravity surveys, prospecting, soil sampling, and airborne geophysical surveys of LiDAR and VTEM-magnetics.