Erdene dials into new polymetallic discovery in Mongolia
An extensive polymetallic anomaly with areas of intense veining at surface bloomed for Erdene Resource Development (TSX: ERD) following soil and rock sampling in an area southwest of scout drilling on its prospective Tsenkher Nomin property in Mongolia.Erdene began exploring a broader area of Tsenkher Nomin after earlier this year scout-drilling at Nomin Tal, in the northeastern corner of the property, hit intercepts it called “encouraging” with as much as 13.3 g/t gold, 3 percent copper and 26 g/t silver. Hand-dug pits on surface had tipped-off Erdene geologists to the area’s potential.
The impressive result of soil sampling over a roughly 60-sq.-km area at 400-metre intervals on the Tsenkher Nomin property is readily apparent from Erdene maps; sticking out, an extensive gold-lead anomaly covering an amoebic-shaped, two-by-three kilometre area with assays returning as much as 1.5 g/t Au and 2.6 percent lead.
Of note within the broader anomaly are four targets with polymetallic veins showing at surface that Erdene has christened Altan Nar 1 through 4.
While drilling at Nomin Tal continues, Erdene says when it finishes up there, it will turn its sights to the southwest, initially drilling at Altan Nar 1 and 2 where it found the most extensive vein outcrops.
The most obvious, Altan Nar 1, shows “intense, parallel epithermal quartz veining over a 160 metre by 100 metre area,” Erdene states, and produced rock sampling grading as much as 41 g/t gold. All told Erdene says it had mapped quartz veins, as wide as 10 metres, over 460 metres of strike at Altan Nar.
For Erdene Tsenkher Nomin represents an early stage prospect as it develops more advanced coal and molybdenum projects, also in Mongolia, and pursues production at its 25-percent owned Donkin coal project in Nova Scotia with partner Xstrata Coal.
The impressive result of soil sampling over a roughly 60-sq.-km area at 400-metre intervals on the Tsenkher Nomin property is readily apparent from Erdene maps; sticking out, an extensive gold-lead anomaly covering an amoebic-shaped, two-by-three kilometre area with assays returning as much as 1.5 g/t Au and 2.6 percent lead.
Of note within the broader anomaly are four targets with polymetallic veins showing at surface that Erdene has christened Altan Nar 1 through 4.
While drilling at Nomin Tal continues, Erdene says when it finishes up there, it will turn its sights to the southwest, initially drilling at Altan Nar 1 and 2 where it found the most extensive vein outcrops.
The most obvious, Altan Nar 1, shows “intense, parallel epithermal quartz veining over a 160 metre by 100 metre area,” Erdene states, and produced rock sampling grading as much as 41 g/t gold. All told Erdene says it had mapped quartz veins, as wide as 10 metres, over 460 metres of strike at Altan Nar.
For Erdene Tsenkher Nomin represents an early stage prospect as it develops more advanced coal and molybdenum projects, also in Mongolia, and pursues production at its 25-percent owned Donkin coal project in Nova Scotia with partner Xstrata Coal.
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