Atikokan

EMX’s Atikokan project is centred on the hamlet of Sapawe, 15 km E of Atkikokan and 145 WNW of Thunder Bay. The land position is road and boat accessible, covering ~ 10 km of the Quetico Fault.

The Quetico Fault separates the granite greenstone Wabigoon Subprovince from the metasediments and metasedimentary derived intrusions of the Quetico suprovince¹. The Quetico fault is proximal to a number of mafic intrusive bodies called the Atikokan River Intrusions (ARI), which are a series of linear, ENE trending mafic to ultramafic intrusions prospective for Fe-Cu-Co-Ni mineralization in the Sapawe-Atikokan area. 

The historical Staines occurrence (ARI) discovered in 1940 was explored with a five diamond-drill hole program, returning  assays of up to 40% Fe and 0.8% Cu from 18.3 to 24.4 m*. Additional drilling was conducted in 2006, drillhole SL-06-03 reported 1.9 m at 1.05% Cu and 0.05% Co².

In 2020, a heliborne magnetic and TDEM survey (140-line km) identified strong linear features interpreted to be related to iron formations and weaker linear magnetic anomalies-oriented ENE-WSW related to intermediate-mafic intrusives³.

EMX has not performed sufficient work to verify the published assay data reported above, and these data cannot be verified as being compliant with NI43-101 standards. These historically reported data should not be relied upon until they can be confirmed, but EMX believes this information is considered reliable and relevant. The nearby deposits provide geologic context for EMX’s Project, but this is not necessarily indicative that the Project hosts similar tonnages or grades of mineralization
*True thickness is unknown
(1) http://www.geologyontario.mndm.gov.on.ca/mndmfiles/afri/data/imaging/20000018200/20000018200_01.pdf
(2) https://www.mndm.gov.on.ca/sites/default/files/article_files/recommendations_for_exploration_2016_2017.pd
(3) https://www.geologyontario.mndm.gov.on.ca/mndmfiles/afri/data/imaging/20000019773/20000019773_01.pdf

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