The program is also designed to fulfill obligations under an agreement with Cliffs Natural Resources Exploration Canada Inc. that allowed Zenyatta to acquire 100% of Albany graphite deposit.
The entire Albany Project originally consisted of approximately 300,000 acres in 28 separate claim blocks in an area prospective for Copper, Nickel, PGM’s and other mineral deposit types. The 2010 airborne system identified greater than thirty anomalies on the various claim blocks. All of the high priority geophysical targets were tested with this last target, called 4E, remaining.
To see the press release, click here.