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Burfjord IOCG project (Alta Region, Norway)

The Burfjord project is comprised of six exploration licenses totaling 5,500 hectares near Kåfjord, Norway.  Mineralization at Burfjord belongs to Iron Oxide Copper Gold (IOCG) deposit clan; this portion of northern Fennoscandia, a key IOCG province globally. Copper mineralization was mined in the Burfjord area during the 19th century, with over 30 historic mines and prospects developed along the flanks of a prominent 4 x 6 kilometer anticlinal structure comprised of interbedded metasedimentary and metavolcanic rocks.

Many of the rocks in the anticline have been subjected to intense hydrothermal alteration.  This potential has only recently been recognized in Norway Mineralization occurs as both high grade Cu-Au lodes that were historically mined at high cut-off grades (>3% Cu and lower grade, bulk tonnage potential Cu-Au mineralization developed in stockwork vein arrays. Vein mineralization in the area is dominated by carbonate and iron-oxide minerals (magnetite and hematite), but also contain chalcopyrite, bornite and chalcocite in addition to cobalt-rich pyrite.

Only limited exploration has taken place in the modern era.  Limited historic drilling (confined to vicinity of Cedarsgruve Mine) produced intercepts including 7m @ 3.6% Cu.

Infrastructure

The Burjord project is situated 40 km southwest of Alta (regional airport), road accessible and is located 7.5 kilometers from tide water.  Burfjord is 32 km west of Kåfjord copper mines, the first major industrial enterprise north of the Arctic Circle.

Burfjord Cross Section Geology and Mineralization MacNeil

Burfjord Geology and Mineralization MacNeil

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