RSS SubscribeMay 9, 2022
Vancouver, B.C., May 9th, 2022. Norden Crown Metals Corp. (“Norden Crown” or the “Company”) (TSXV:NOCR, OTC:NOCRF, Frankfurt:03E) is pleased to announce completion of a 450 line-km ground magnetic survey at the Fredrikssons Gruvan prospect (“Fredrikssons Gruvan”) in the Bergslagen province of Southern Sweden. This is the largest and highestresolution magnetic survey completed in the history of the area.
The magnetic survey follows up on the first three discovery holes at Fredrikssons Gruvan, drilled in the winter of 2021, where all three holes intersected significant mineralized widths ranging from 8.15 to 13.6 metres of precious and base metal (see Table 1), massive and semimassive sulphide mineralization, within a geological setting unique to mineralization belonging to the Broken Hill Type (“BHT”) clan of silver rich zinc-lead ore deposits.
“The preliminary results of this large ground based magnetic survey are exciting and provide new prospective on the potential for additional BHT mineralization” stated Patricio Varas, Executive Chairman. “This high-resolution magnetic survey allows us to track magnetite-rich bands of sedimentary rocks that we know are associated with BHT mineralization which we will refine in the coming weeks and use to guide additional exploration drilling at Fredrikssons Gruvan”.