Newmac’s Crazy Fox Yielding High-grade Molybdenum Intercepts

Tag: Quartz Plate

Newmac Resources (TSX.V:NER) Crazy Fox project 100 km north of Kamloops in British Columbia’s Chilcotin region is turning in some good grades across long intersections. With two drills operating continuously, there will be many more to come throughout the 2008 exploration season.

Since the company began drilling the property in 2006, the Crazy Fox project has demonstrated the existence of a large mineralized zone of tungsten and molybdenum grades ranging up to 1.8% Molybdenum. The project has seen over 24,000 metres of drilling so far, and exploration is continuing at an aggressive pace.

The 2006 drill program completed 7486 m of drilling in 33 drill holes in widespread moly- tungsten mineralization and allowed the compilation of data at about 18 points of penetration of the thrust. 

In November 2007, drill hole 07-41 was collared in granite and continued through the thrust fault at 391 m   (1273 feet) into underlying granite to a final drill depth of 1021m or 3348 feet. The hole became mineralized as fracturing increased approaching the thrust in the upper plate. Mineralization continued in the lower plate to the end of the hole.