Churchill Resources Inc. has announced promising new sample results from its July prospecting work at the Black Raven property, which is notably home to the historically significant Frost Cove Antimony Mine and Stewart Gold Mine. The recent sampling, which encompassed 70 samples, highlighted 14 from newly discovered, highly mineralized veins situated away from the known mining sites.
Paul Sobie, President of the Company, expressed enthusiasm regarding the findings, noting the ongoing high-grade vein discoveries that bolster the potential for the property ahead of an upcoming drilling and trenching program. He confirmed that a drill contractor has mobilized to the Frost Cove site as of September 15, marking a significant step in the exploration process.
The results echo the historical significance of the Frost Cove and Stewart mines, where remarkable grades of antimony and gold have been recorded, with the former yielding up to 35.1% antimony and the latter reporting gold grades as high as 14.4 grams per tonne (g/t). The potential of the Taylor’s Room and Morton Harbour Head prospects, located north of Frost Cove, remains attractive as they continue to yield significant high-grade results from newly sampled veins.
In addition to this prospecting, the property is undergoing systematic soil sampling, aimed at identifying new target areas for subsequent exploration later in the year. The Black Raven Property itself encompasses a sizable expanse consisting of nine map-staked licenses, amounting to 3,125 hectares in total.
Antimony, a critical mineral with extensive applications ranging from military to various modern technologies, is currently in high demand. Notably, the majority of global production is dominated by China, Russia, and other non-Western nations, emphasizing the importance of domestic sources for North American economic and national security.
The recent sampling program involved careful selection by the Company’s geologists, with samples securely sent to SGS Canada Inc. for thorough analysis. All samples collected were grab samples, which are typically selective and may not represent average grades across the broader property.
Dr. Derek Wilton, a qualified geologist affiliated with the project, has reviewed the technical and scientific information concerning the findings, underscoring the rigorous approach adhered to in the exploration process.
Churchill Resources Inc. is actively engaged in exploring strategic critical minerals, focusing on its significant properties in Newfoundland and Labrador. The management team of Churchill brings extensive experience in mineral exploration and public listing success, further enhancing the prospects for its ongoing endeavors in the region.
As the exploration initiative progresses, future developments from the Black Raven property remain highly anticipated, with promising results indicating a potentially rich vein of resources waiting to be tapped.