Norden Crown Metals Corp. has completed the first drill hole at the Fredriksson Gruvan prospect (GUM-20-09 — 179 metres (m)) which has intersected 11.0 metres of stratiform sulphide mineralization interpreted to be Broken Hill-type (BHT) precious-metal-enriched base metal mineralization. The 11.0 meter intercept consists of massive to semi-massive sulphide mineralization, including sphalerite (zinc sulphide) and galena (lead sulphide). The intercept occurs 35 meters below historical mine workings which produced 45,000 tonnes grading 49 g/t silver, 5.77% zinc, 1.84% lead2. The Fredriksson Gruvan prospect is located on the 100% owned silver-zinc-lead-gold Gumsberg Project located in the Bergslagen Province of Southern Sweden.
“The drilling of stratiform sulphides on our first drill hole below the mine workings at Fredriksson Gruvan is of great importance, as it most assuredly confirms the continuity of the mineralization at depth below the old mine”. Stated Patricio Varas, Chairman and CEO of Norden Crown Metals. “Furthermore, the confirmation that we are testing a Broken Hill Type Zn-Pb-Ag mineralized prospect is hugely encouraging as these style deposits are very few around the world and include some of the largest accumulations of Pb-Zn-Ag on Earth1,3 .
Ongoing diamond drilling at Fredriksson Gruva will test the continuity of massive sulphide mineralization below the historical mine workings where recent 3D geological modeling demonstrates that silver-zinc-lead mineralization could extend to at least 400 meters depth
Visual core inspection by Norden’s Senior technical staff confirms that GUM-20-09 intersected an 11m massive to semi-massive sulphide body of mineralization extending from 123m to 134m. Drill core is currently being cut and sampled. Samples will be shipped to ALS in Mala, Sweden for analysis and assay results are expected in 4 to 6 weeks.