07:39:59 EDT Tue 07 May 2024
Enter Symbol
or Name
USA
CA



York Harbour Metals Inc
Symbol YORK
Shares Issued 68,529,041
Close 2023-11-01 C$ 0.115
Market Cap C$ 7,880,840
Recent Sedar Documents

York Harbour receives OK to start drilling at Brook

2023-11-02 13:22 ET - News Release

Mr. Bruce Durham reports

YORK HARBOUR METALS RECEIVES DRILLING PERMIT FOR HIGH PRIORITY TARGETS AT BOTTOM BROOK RARE EARTH PROJECT

York Harbour Metals Inc. has received government approvals that allow the company to immediately commence a core drilling program on its 100-per-cent-owned Bottom Brook property located near Stephenville, Newfoundland and Labrador.

The company announced on July 31 that initial fieldwork had discovered a new zone of high-grade rare-earth element (REE) mineralization 750 metres south-southwest of the historic U3 REE zone. The program also confirmed high-grade surface samples near the U3 occurrence.

Grab samples collected from BB and U3 REE showings returned TREO values ranging from 0.07 to 22.3 per cent. High-grade sample 116575 from the U3 showing included very high concentrations of magnetic rare-earth elements neodymium, praseodymium, terbium and dysprosium (Nd, Pr, Tb and Dy) also known as (magnet REEs or MREs). Sample 116575 contained total MREs of 5.00 (50 kilograms per tonne MRE).

The company will start mobilizing geological personnel this week and the drilling equipment and personnel will be on site to start drilling by Nov. 6. The first drill holes will test the two REE targets at the BB zone that the company mapped and sampled during the 2023 fieldwork, as well as a third nearby overburden-covered target with anomalous airborne and ground magnetics results.

About York Harbour Metals Inc.

York Harbour Metals is an exploration and development company with a focus on two high-grade projects in Newfoundland.

The York Harbour copper-zinc-silver project, located approximately 27 kilometres from Corner Brook, Newfoundland and Labrador, where the company intends to continue drill testing more than 11 known mineralized zones and explore additional volcanogenic massive sulphide targets.

The Bottom Brook rare-earth project, covering 15,150 hectares, is located next to the Trans-Canada Highway and is just 27 kilometres from the deepwater port at Turf Point. York Harbour intends to actively identify diamond drill targets through property-wide prospecting, focused soil sampling and geological mapping.

Qualified person

Doug Blanchflower, PGeo, is the chief operating officer of the company and is a qualified person in accordance with National Instrument 43-101, and has reviewed and accepted the scientific and technical information contained in this news release.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.