Blue Thunder Mining ( (TSE:BLUE) ) has issued an announcement.
Orbec has announced a significant development in its exploration efforts at the Muus Property, following a detailed drone magnetics survey. The company has identified promising drill targets at the intersection of the E-W Guercheville fault and NE-SW faults, which are expected to play a crucial role in their ongoing exploration. This discovery has led to the planning of an ambitious drilling program aimed at confirming the structures and identifying gold mineralisation. The initiative is anticipated to unlock the full potential of the Muus Property, enhancing Orbec’s position in the underexplored Southern Chapais-Chibougamau Camp.
More about Blue Thunder Mining
Orbec is a gold company that owns 100% of a large and highly prospective mineral claim position near Chibougamau, Québec. The Muus Project covers approximately 25,250 hectares in the northeastern part of the Abitibi Greenstone Belt. Muus is prospective for gold mineralisation and is adjacent to and on strike with IAMGOLD’s 8.3 million oz Nelligan Gold Project.
YTD Price Performance: 25.00%
Average Trading Volume: 7,581
Technical Sentiment Signal: Buy
Current Market Cap: $2.99M
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