| Announcement Date: | 2022-07-26 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Noronex Ltd. |
| Project name: | Noronex |
| Location: | Namibia |
| Commodities: | Gold,Copper |
| Highlight: | Drilling results incl. 1m @ 28g/t Au, 0.23% Cu from 329m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Perth, Western Australia – 26 July 2022 – The Board of Noronex Limited (Noronex or the Company) (ASX: NRX) is pleased to provide an update on assay results from its recent drill program at its Cu-AuAg projects in Canada. Noronex completed a 4 hole, 1,274m diamond drill program at its Lynx Deposit in May 2022. The Lynx Deposit is located on the Onaman-Tashota Greenstone Belt in the Wabigoon Sub-Province of the northern Ontario Superior Province (Fig 1). The region is prospective for volcanic-hosted massive sulphide Cu-Zn-Ag-Au deposits, orogenic Au deposits, and magmatic Ni-Cu-PGE sulphide deposits. Noronex Ltd currently holds 1,277 mining claims, 8 patent claims, and 2 leases, for an approximate area of 26,628 hectares (Fig 2). The Lynx deposit has a compliant JORC (2012) Inferred Resource estimate of 1.63 million tonnes of 1.6% Cu, 0.66g/t Au and 40g/t Ag and historical drill intercepts1 including |
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