Advanced Exploration

Mel

Ba
Pb
Zn
Silver Range Resources Ltd.
Yukon

,

Canada

Acquisition:

2014 / 09 / 09

Agreement:

Royalty

Terms:

1.0% NSR

The Mel project is located in the Watson Lake Mining District in the Yukon Territory. Zinc-lead-barite mineralization is hosted within Cambrian to Ordovician marine sediments and similar age volcanics. Four sediment-hosted, zinc-rich zones have been identified: the Mel Main, Jeri, Jeri North, and Mel East zones.

The Mel Main Zone has an Inferred Mineral Resource of 5.4 Mt grading 6.45% zinc, 1.85% lead, and 44.8% barite (5.00% ZnEq cut-off). This zone consists of course-grained sphalerite and galena disseminated throughout a mixture of mudstone, silica-carbonate and coarsely crystalline barite. A barite marketing study regarding potential production of barite from the property was completed by World Industrial Minerals Inc. in 2014. The study concluded that barite from the Mel project could likely be sold into the drilling products market in Western Canada and Alaska.

Recent Activity
  • December 2017

    Seven high-grade barite intersections were reported from the Mel main zone.

  • November 2017

    Assay results from a nine hole exploration drill program were released including 27.8% zinc over 2.4 metres from 226.3 metres as well as 16.5% zinc and 4.3% lead over 0.9 metres from 295.5 metres.

Use the link below to browse a list of available technical reports for the projects within Sandstorm’s portfolio. For the most up-to-date information on each project, please refer to the project operator or developer.

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Annual Report

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Sustainability Report

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