{"id":410594,"date":"2021-01-07T11:19:11","date_gmt":"2021-01-07T16:19:11","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=410594"},"modified":"2021-01-07T11:19:11","modified_gmt":"2021-01-07T16:19:11","slug":"norden-crown-intersects-stratiform-sulphide-mineralization-on-first-drill-hole-at-fredriksson-gruvan","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/norden-crown-intersects-stratiform-sulphide-mineralization-on-first-drill-hole-at-fredriksson-gruvan\/","title":{"rendered":"Norden Crown Intersects Stratiform Sulphide Mineralization on First Drill Hole at Fredriksson Gruvan"},"content":{"rendered":"
\n

Canada NewsWire<\/p>\n<\/p><\/div>\n

\n

\n VANCOUVER, BC<\/span>, Jan. 7, 2021<\/span> \/CNW\/ –\u00a0Norden Crown Metals Corp. (“<\/span>Norden Crown<\/span><\/b>” or the “<\/span>Company<\/b>“) (TSXV: NOCR), (OTC: BORMF) (Frankfurt<\/span>: 03E) is pleased to announce the completion of the first drill hole at the Fredriksson Gruvan prospect (GUM-20-09; 179m<\/span>) which has intersected 11.0 meters of stratiform sulphide mineralization interpreted to be Broken Hill Type (BHT) precious metal enriched base metal mineralization.\u00a0 The 11.0 meter intercept consists of massive to semi-massive sulphide mineralization, including sphalerite (zinc sulphide) and galena (lead sulphide). \u00a0The intercept occurs 35 meters below historical mine workings which produced 45,000 tonnes grading 49 g\/t silver, 5.77% zinc, 1.84% lead2<\/sup>.\u00a0 The Fredriksson Gruvan prospect is located on the 100% owned silver-zinc-lead-gold Gumsberg Project located in the Bergslagen Province of Southern Sweden<\/span>.<\/p>\n

\n “The drilling of stratiform sulphides on our first drill hole below the mine workings at Fredriksson Gruvan is of great importance, as it most assuredly confirms the continuity of the mineralization at depth below the old mine”.\u00a0 <\/i>Stated Patricio Varas<\/span>, Chairman and CEO of Norden Crown Metals.\u00a0 “Furthermore, the confirmation that we are testing a Broken Hill Type Zn-Pb-Ag mineralized prospect is hugely encouraging as these style deposits are very few around the world and include some of<\/i>\u00a0the largest accumulations of Pb-Zn-Ag on Earth1,3<\/sup><\/i>.\u00a0 <\/i><\/p>\n

Ongoing diamond drilling at Fredriksson Gruva will test the continuity of massive sulphide mineralization below the historical mine workings where\u00a0recent 3D geological modeling demonstrates that silver-zinc-lead mineralization could extend to at least 400 meters depth.<\/p>\n

Visual core inspection by Norden’s Senior technical staff confirms that GUM-20-09\u00a0 intersected an 11m<\/span> massive to semi-massive sulphide body of mineralization extending from\u00a0 123m<\/span> to 134m<\/span>.\u00a0 Drill core is currently being cut and sampled.\u00a0 Samples will be shipped to ALS in Mal\u00e5, Sweden<\/span> for analysis and assay results are expected in 4 to 6 weeks.<\/p>\n

\n Drill Hole: GUM-20-09<\/b>\n <\/p>\n

Geological observations of the core confirm Norden’s preliminary interpretation that precious metal enriched base metal mineralization at Fredrikssons Gruvan belongs to the Broken Hill Type ore deposit clan.\u00a0 <\/p>\n

Significant observations from GUM 20-09 that are suggestive of BHT style mineralization include:<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n
\n

\n
\n OBSERVATION<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n SIGNIFICANCE<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Stratiform Zn-Pb mineralization; variably tectonically
remobilized<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Broken Hill-Type deposits are dominated by stratiform mineralization,
variably remobilized during deformation and metamorphism1,<\/sup><\/i>
\n
\n 3,4<\/sup>
\n <\/i>
\n .<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Mineralization is pyrite-poor, sphalerite-galena rich<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n BHT deposits tend to be pyrite-poor and sphalerite-galena rich
compared to Volcanogenic Massive Sulphide deposits<\/i>
\n
\n 4<\/sup>
\n <\/i>
\n .<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Hosted by garnet-rich metamorphosed sedimentary
strata. <\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n BHT deposits form in association with stratabound garnet- and
gahnite-bearing metamorphosed sedimentary rocks1,3,4<\/sup>.<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Intimate association with magnetite iron formation.
The garnet-magnetite-sulphide rock is interpreted to
be metamorphosed chemical sediment (exhalite). <\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n BHT stratiform sulfide deposits are commonly associated with
magnetite iron formation (e.g. Aggeneys, South Africa) or the iron
formation may represent the lateral equivalent of the stratiform
sulfide (Broken Hill, Australia)1,3,4<\/sup>.<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Garnet within the mineralized interval is orange-
brown, suggesting it is the Manganese-rich garnet
spessartine (i.e. this is a Mn-rich system).<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Many BHTs are relatively manganese (Mn)-rich.\u00a0 The Broken Hill Group
that hosts the Broken Hill Deposit, and the sulfide deposit itself, are
characterised by the Mn-garnet spessartine<\/i>
\n
\n 3,4<\/sup>
\n <\/i>
\n .<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Association with calc-silicates: some calc-silicate
minerals (amphibole-pyroxene, and garnet) occur
within the mineralization, and a calc-silicate bed
occurs in the hanging-wall. <\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Some BHT deposits, including the type example at Broken Hill,
Australia, are enriched in calc-silicate and calcium-bearing minerals
(pyroxene, pyroxenoid, garnet, carbonates) and the host stratigraphic
succession contains stratiform calc-silicate rocks1,<\/sup><\/i>
\n
\n 3,4<\/sup>
\n <\/i>
\n .<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Paucity of intense Mg-rich alteration and intensely
mica-quartz altered rocks. Much of the alteration is
not feldspar-destructive.<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n This suggests that the mineralization is not a Volcanogenic Massive
Sulphide (VMS) or Garpenberg-type system and is more similar to a
stratiform BHT or Sedimentary Exhalative (SEDEX) system1,<\/sup><\/i>
\n
\n 3,4<\/sup>
\n <\/i>
\n .<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Metamorphism is amphibolite grade<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n BHT deposits almost invariably occur in host successions that have
been metamorphosed to amphibolite to granulite grade1,3,4<\/sup>. <\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Host succession is Paleo- to Meso-Proterozoic in age<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n BHT deposits appear to be restricted to host successions of Paleo- to
Meso-Proterozoic age1,3,4<\/sup>.\u00a0 <\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n Norden Crown’s<\/span> geological modelling is based on historical mining and drilling data and demonstrates that silver-lead-zinc mineralized zones are associated with a moderately east plunging fold geometry and mineralization is open in all directions (Figure 1). Test mining from an open pit where these zones reach the surface produced 21,000 tonnes grading 53 g\/t silver, 5.13% zinc, and 1.7% lead2<\/sup>. Subsequent underground mining production down to 91 meters produced and additional 45,000 tonnes grading 49 g\/t silver, 5.77% zinc, 1.84% lead2<\/sup>.<\/p>\n

Figure 1.\u00a0 Oblique 3D interpretation of mineralization at Fredriksson Gruvan showing the location of the 11.00 meters of semi and massive sulphide mineralization in hole GUM-20-09.\u00a0 Note that the mineralization is interpreted to extend beyond the limits of historical drilling at depth and laterally.<\/p>\n

\n About Fredriksson Gruva<\/b>
\n n<\/b>
\n \u00a0(Fredriksson Mine)<\/b>\n <\/p>\n

Fredriksson Gruvan was discovered in 1976 by LKAB Prospektering AB2<\/sup>.\u00a0 Exploration was carried out in 1976 and 1977 including surface trenching, sampling and drilling of 9 diamond drill holes, which identified precious metal enriched base metal mineralization3<\/sup>.\u00a0 In 1977, AB Statsgruvor (ABS) acquired the Fredrikssongruvan prospect and conducted open pit test mining in 1978.\u00a0 Test mining was conducted to a depth of 20 meters below surface and produced 21,500 tonnes grading 53 g\/t Silver, 5.13% zinc, and 1.7% lead3<\/sup>.\u00a0 A total of 11 additional holes were drilled in 1979 to test the down plunge extent of mineralization.\u00a0 Between 1980 and 1981 mining activites resumed and an underground tram was installed.\u00a0 A total of\u00a0 45,000 additional tonnes grading 49 g\/t silver, 5.77% zinc, 1.84% lead were produced from workings that extend to a depth of 91 meters (4 underground levels)2<\/sup>. \u00a0Norden Crown Metals Corp. staked the the Fredriksson Gruva prospect as part of a larger staking acquisition (Gumsberg nr 9) in March, 2017.\u00a0 This licence is refered to as “Gumsberg West” and forms the western half of the highly prospective Gumsberg Project.<\/p>\n

\n
\n
\n <\/b>\n <\/p>\n

\n\n\n\n\n\n\n\n\n
\n

\n
\n
\n 1<\/sup>Spry, Paul & Teale, Graham & Steadman, Jeffrey. 2009. Classification of Broken Hill-Type Pb-Zn-Ag Deposits: A Refinement. AGU Spring Meeting Abstracts. <\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n
\n 2<\/sup>Edberg, L., and Flood, B., 1982. Rapport Grb 262 SLUTRAPPORT FRAN DIAMANTBORRNINGARNA VID FREDRIKSSONGRUVAN (GYLLINGEN) 1981\/1982\u00a9 Sveriges geologiska unders\u00f6kning (SGU) (Geological Survey of Sweden) <\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n
\n 3<\/sup>Beeson, Robert. (1990). Broken Hill-type lead-zinc deposits – an overview of their occurrence and geological setting. Transactions Institution of Mining & Metallurgy. 99. 163-175. <\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n
\n 4<\/sup>Walters S.G. 1998. Broken Hill-Type deposits. AGSO Journal of Australian Geology and Geophysics, 17(4), 229-237.<\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n About <\/b>
\n
\n Norden Crown<\/span>
\n <\/b>
\n \u00a0Metals Corp<\/b>
\n .<\/b>\n <\/p>\n

\n Norden Crown<\/span> is a mineral exploration company focused on the discovery of silver, zinc, copper, and gold deposits in exceptional, historical mining project areas spanning Sweden<\/span> and Norway.\u00a0 The Company aims to discover new economic mineral deposits in known mining districts that have seen little or no modern exploration techniques.\u00a0 The Company is led by an experienced management team and an accomplished technical team, with successful track records in mineral discovery, mining development and financing.<\/p>\n

\n Qualified Person<\/b>\n <\/p>\n

\n Daniel MacNeil<\/span>, P.Geo, a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects<\/i>, has read and approved all technical and scientific information contained in this news release. Mr. MacNeil is Vice President Exploration for Norden Crown<\/span>.<\/p>\n

\n On behalf of <\/b>
\n
\n Norden Crown<\/span>
\n <\/b>
\n \u00a0Metals Corp.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/b>\n <\/p>\n

\n Patricio Varas<\/span>, Chairman and CEO<\/p>\n

\n Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\u00a0 <\/i>\n <\/p>\n

\n Cautionary Note Regarding Forward-Looking Statements<\/b>\n <\/p>\n

This news release contains certain statements that may be deemed “forward\u2013looking statements”.\u00a0 Forward\u2013looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur.\u00a0 Forward-looking statements may include, without limitation, statements relating to future outlook and anticipated events, such as the successful completion of the Private Placement or the anticipated use of proceeds of the Private Placement by the Company. Although Norden Crown<\/span> believes the expectations expressed in such forward\u2013looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward\u2013looking statements.\u00a0 Such material risks and uncertainties include, but are not limited to, Norden Crown’s<\/span> ability to raise sufficient capital to maintain its mineral tenures and concessions in good standing, to explore and develop its projects, to repay its debt and for general working capital purposes; changes in economic conditions or financial markets; the ability of Norden Crown<\/span> to obtain the necessary permits and consents required to explore, drill and develop the projects and if obtained, to obtain such permits and consents in a timely fashion relative to Norden Crown<\/span> plans and business objectives for the projects; the general ability of Norden Crown<\/span> to drill test its projects and find mineral resources; if any mineral resources are discovered or acquired, the Company’s ability to monetize any such mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company’s operations. Forward\u2013looking statements are based on the reasonable beliefs, estimates and opinions of Norden Crown<\/span> management on the date the statements are made. Except as required by law, Norden Crown<\/span> undertakes no obligation to update these forward\u2013looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.<\/p>\n

SOURCE Norden Crown Metals Corp.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Canada NewsWire VANCOUVER, BC, Jan. 7, 2021 \/CNW\/ –\u00a0Norden Crown Metals Corp. (“Norden Crown” or the “Company“) (TSXV: NOCR), (OTC: BORMF) (Frankfurt: 03E) is pleased to announce the completion of the first drill hole at the Fredriksson Gruvan prospect (GUM-20-09; 179m) which has intersected 11.0 meters of stratiform sulphide mineralization interpreted to be Broken Hill Type (BHT) precious metal enriched base metal mineralization.\u00a0 The 11.0 meter intercept consists of massive to semi-massive sulphide mineralization, including sphalerite (zinc sulphide) and galena (lead sulphide). \u00a0The intercept occurs 35 meters below historical mine workings which produced 45,000 tonnes grading 49 g\/t silver, 5.77% zinc, 1.84% lead2.\u00a0 The Fredriksson Gruvan prospect is located on the 100% owned silver-zinc-lead-gold Gumsberg Project located in the Bergslagen … <\/p>\n

Continue reading “Norden Crown Intersects Stratiform Sulphide Mineralization on First Drill Hole at Fredriksson Gruvan”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-410594","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNorden Crown Intersects Stratiform Sulphide Mineralization on First Drill Hole at Fredriksson Gruvan - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/norden-crown-intersects-stratiform-sulphide-mineralization-on-first-drill-hole-at-fredriksson-gruvan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Norden Crown Intersects Stratiform Sulphide Mineralization on First Drill Hole at Fredriksson Gruvan - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Canada NewsWire VANCOUVER, BC, Jan. 7, 2021 \/CNW\/ –\u00a0Norden Crown Metals Corp. (“Norden Crown” or the “Company“) (TSXV: NOCR), (OTC: BORMF) (Frankfurt: 03E) is pleased to announce the completion of the first drill hole at the Fredriksson Gruvan prospect (GUM-20-09; 179m) which has intersected 11.0 meters of stratiform sulphide mineralization interpreted to be Broken Hill Type (BHT) precious metal enriched base metal mineralization.\u00a0 The 11.0 meter intercept consists of massive to semi-massive sulphide mineralization, including sphalerite (zinc sulphide) and galena (lead sulphide). \u00a0The intercept occurs 35 meters below historical mine workings which produced 45,000 tonnes grading 49 g\/t silver, 5.77% zinc, 1.84% lead2.\u00a0 The Fredriksson Gruvan prospect is located on the 100% owned silver-zinc-lead-gold Gumsberg Project located in the Bergslagen … Continue reading "Norden Crown Intersects Stratiform Sulphide Mineralization on First Drill Hole at Fredriksson Gruvan"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/norden-crown-intersects-stratiform-sulphide-mineralization-on-first-drill-hole-at-fredriksson-gruvan\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-07T16:19:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C2776&Transmission_Id=202101071115CANADANWWEB______C2776&DateId=20210107\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/norden-crown-intersects-stratiform-sulphide-mineralization-on-first-drill-hole-at-fredriksson-gruvan\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/norden-crown-intersects-stratiform-sulphide-mineralization-on-first-drill-hole-at-fredriksson-gruvan\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Norden Crown Intersects Stratiform Sulphide Mineralization on First Drill Hole at Fredriksson Gruvan\",\"datePublished\":\"2021-01-07T16:19:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/norden-crown-intersects-stratiform-sulphide-mineralization-on-first-drill-hole-at-fredriksson-gruvan\\\/\"},\"wordCount\":1522,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/norden-crown-intersects-stratiform-sulphide-mineralization-on-first-drill-hole-at-fredriksson-gruvan\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/rt.prnewswire.com\\\/rt.gif?NewsItemId=C2776&Transmission_Id=202101071115CANADANWWEB______C2776&DateId=20210107\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/norden-crown-intersects-stratiform-sulphide-mineralization-on-first-drill-hole-at-fredriksson-gruvan\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/norden-crown-intersects-stratiform-sulphide-mineralization-on-first-drill-hole-at-fredriksson-gruvan\\\/\",\"name\":\"Norden Crown Intersects Stratiform Sulphide Mineralization on First Drill Hole at Fredriksson Gruvan - 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