Silver Fox Prospect

The Silver Fox prospect is 12 km west of St. Lewis and just two km west of the Foxtrot resource. It is also the fourth major mineralized zone in the Critical Rare Earth Element (CREE) District. Exploration in the Silver Fox area requires the use of mechanical digging equipment due to its tree-, bog-, and till-covered landscape.

High-grade Zirconium, Hafnium, and CREE mineralization ranging from 3.00 to 8.83 m wide are present on the surface over two zones: East Zone - 180 m long and West Zone - 550 m long. The surface expression at Silver Fox varies from the nearby Foxtrot and Deep Fox sites as it is significantly longer and thinner, with higher amounts of Zr and Hf values than CREE resources.

This prospect is currently in the exploration stage, going through the channel sampling program and current metallurgical work to separate zircon, rare earth elements, and magnetite. Moving forward, the 2021 exploration program will come to a total of approximately 200 m and consist of two channels and seven infill channels on the edge of the mineralized zone. After this, the Silver Fox zone is projected to be ready for a drill program in 2022.

Highlights of the 2020 SILVER FOX channel program:

  • SILVER FOX (all true widths) exhibits high grade Zr (Hf, Nd, Pr, Dy, Tb) mineralization ranging from 3.00 to 8.83m wide over two zones: East Zone 550m long and West Zone 180m long;
  • Channel assay highlights (all true widths):
  • Section FSC-20-01: 23,229 ppm Zr, 99.3 ppm Dy, 1222 ppm Nd, 570 ppm Hf, over 6.51m;
  • Section FSC-20-02: 24,308 ppm Zr, 87.4 ppm Dy, 1212 ppm Nd, 582 ppm Hf over 7.64m;
  • Section FSC-20-04: 22,949 ppm Zr, 106 ppm Dy, 1337 ppm Nd, 596 ppm Hf over 6.38m;
  • SILVER FOX contains Zr (Hf) values much higher than any other CREE resource (FOXTROT and DEEP FOX) or mineralized zone (FOX MEADOW and AWESOME FOX) in south-east Labrador.

The 2022 exploration program for SILVER FOX , totaling about 200m, will consist of 7 infill channels and 2 channels on the edge of the known mineralized zone. This program should make the SILVER FOX mineralized zone ready for a drill program in 2023 or 2024.

Learn more about the Deep Fox Resource
Learn more about the Foxtrot Resource
Learn more about the Fox Meadow Prospect