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MISHI PROJECT

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MASSEY MINE
An IOCG Deposit

NAIRN PROJECT

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

TRELAWNEY Resources Inc. has acquired the Nairn property which is located in Hyman and Nairn Townships approximately 55 km southwest of the city of Sudbury and 17 km west of Nairn Centre on Highway #17.


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The property consists of 11 mining claim units covering approximately 3,200 acres in two non contiguous blocks. The northern block contains two main showings known as the Keba showing and the Kordol showing. The Keba occurrence is exposed for a distance of 160 metres along strike and 3.5 metres in width disappearing under drift cover at its extremities. Grab samples taken by previous workers on the property returned values of up to 1.08 % copper and 0.22 % nickel while grab samples taken by Terex Resources Inc. personnel returned values of up to 2.34 % Cu, 1.14 % Ni and 1.5 g/t Pt+Pd+Au with a Pt/Pd ratio of 1.2. A breccia discovered in this area contained rounded gabbro inclusions within a sulphide rich matrix. This has been interpreted as Sudbury Breccia (Wood, 2004 & Winter, 2000). The Kordol occurrence consists of pockets of disseminated and massive pyrrhotite, pyrite and chalcopyrite. A chip sample from this zone returned values of 1.03 % copper, 0.45 % nickel and 0.12 % cobalt over 5.2 metres.

The southern block contains three sulphide occurrences and the most important is the Pays-Bas occurrence. Trenching carried out circa 1956 exposed a zone about 120 metres long. The best sample from this zone returned a value of 1.28 % nickel over 3.7 metres.

All of the showings on the Nairn property are hosted by a Nipissing Gabbro. Ursa Major Minerals Inc. has recently completed a positive feasibility study on an open pittable deposit with a probable mineral reserve of 11.266 million tones grading 0.33 % Ni, 0.35 % Cu, 0.02 % Co and 0.9 g/t precious metals in a similar geological environment. This deposit is located approx 10 kilometres to the west of the Terex option.