on Vulcan Minerals Inc (isin : CA9289451044)
Vulcan Minerals Inc. Updates on Colchester/Springdale and Red Cross Lake Projects
Vulcan Minerals Inc. has provided an update on its exploration activities at the Colchester/Springdale and Red Cross Lake projects in Newfoundland. The company has initiated an Induced Polarization (IP) survey at the McNeilly zone in Colchester/Springdale. The survey aims to identify trends in newly discovered copper zones and connect data with a previous survey on the Colchester main deposit.
The Red Cross Lake project received environmental approval for river crossing, facilitating exploration and drilling activities. This approval marks a significant step in the project's proposed exploration program.
CEO Patrick Laracy emphasized the cost-effectiveness and strategic value of these projects, noting plans for drilling this year despite challenging market conditions. The projects benefit from road accessibility, enhancing their exploration potential.
R. P.
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