Rio Tinto Exploration Canada (RTEC) has started exploration at TSX-V-listed Forum Energy Metals’ Janice Lake sedimentary copper/silver project, in northern Saskatchewan.
The summer’s programme will have a regional focus to uncover the full extent of copper and silver mineralisation at Janice Lake, says Forum president and CEO Rick Mazur.
We have barely scratched the surface on exploring this sedimentary basin, which stretches for over 50 km. Rio Tinto's focus will not only be on finding higher grade and thicker openpit strata-bound horizons, but also high grade structurally controlled mineralisation,” adds Mazur.
Forum recently reported that RTEC had applied for a 2 000 m diamond drill programme.
Forum and Rio Tinto signed a JV agreement in May last year, whereby the major was granted a four-year option to acquire a majority interest in the project.