BWR Exploration Inc. Recognizes Platinum, Palladium and Gold Potential at its Wholly-Owned Vendôme Sud Project, Abitibi Region of Quebec
BWR Exploration Inc. Recognizes Platinum, Palladium and Gold Potential at its
Wholly-Owned Vendôme Sud Project, Abitibi Region of Quebec
TORONTO, Feb. 15, 2022 -- BWR Exploration Inc. (TSX.V: BWR) (“BWR” or the “Company”) is pleased to announce the
receipt of precious metal assays from exploratory drill holes completed in 2021 (see press release dated September 20, 2021)
on its wholly-owned Vendôme Sud Property, located in the Abitibi Region of Northern Quebec, approximately 30 km. north of
Val d’Or. The 2021 drill program by BWR was designed to investigate and substantiate historical nickel and copper
mineralization at various locations on the property, however there was also historical reference to the presence of platinum and
palladium in a few of the historical holes within the project area. The 2021 drill program confirmed nickel and copper
mineralization of sufficient grade that warranted further scrutiny, prompting the investigation into whether there was any related
precious metals present, the recent 2022 analytical results have confirmed that some of the mineralized subvolcanic intrusive
mafic units also contain precious metals.
As reported in September, 2021, two holes tested the “A Zone”; the first hole of the program encountered a mineralized core
length interval of 37.8 meters (from 65.5m to 103.3m) that averaged 0.34% Copper and 0.27% Nickel in hole BWR-V-21-01
drilled at -50 degrees, while undercut hole BWR-V-21-02 from same location, drilled at -60 degrees encountered a similarly
wide 41.7 meter core length interval (from 79.9m to 121.6m) averaging 0.21% Copper and 0.12% Nickel. Approximately 1
kilometer to the west, the fourth hole of the 2021 drill program tested the “C Zone”, encountering a 14.7 meter core length
interval (from 90m to 104.7m) averaging 0.15% Copper and 0.18% Nickel. Selected sample intervals from these three holes,
where initial assays for Nickel and/or Copper exceeded a threshold value of 0.5% for either metal, were submitted for precious
metal analysis to test for the presence of Gold, Platinum and Palladium. 12 samples met the threshold selection criteria, and
all returned anomalous values for precious metals.
Highlights of the recent precious metal sampling program are presented in the following table:
Hole Number From To Interval Cu % Ni % Au (g/t) Pt (g/t) Pd (g/t)
BWR-V-21-01 65.5 103.3 37.8 0.34 0.27
including 66.75 69 2.25 1.13 1.06 0.089 0.199 0.354
also including 75 78 3 0.67 0.3 0.083 0.106 0.182
also including 87.5 88.85 1.35 1.21 1.72 0.035 0.007 0.179
also including 90 91.5 1.5 0.71 0.61 0.076 0.172 0.454
BWR-V-21-02 79.9 121.6 41.7 0.21 0.12
including 85.5 88.5 3 0.74 0.43 0.063 0.218 0.44
also including 99.5 100.5 1 1.53 0.29 0.097 0.069 0.865
also including 119.5 120.5 1 0.88 0.61 0.149 0.122 0.262
BWR-V-21-04 90 104.7 14.7 0.15 0.18
including 102 103 1 0.71 0.64 0.2 0.324 0.489
*Assays presented represent intervals as measured in the core box and are not ‘true widths’. The intervals reported upon for
gold, platinum and palladium are either preferentially selected individual samples, or weighted averages of two selected
contiguous samples from earlier reported (September 20, 2021) results.
The 2021 drill program by BWR successfully substantiated the two holes that were drilled 6 decades ago (in 1962) by
Canadian Shield Corporation Inc. that originally identified the historical “A Zone” in that the earlier results were found to be very
comparable to BWR’s recent drill results of holes BWR-V-21-01 and BWR-V-21-02. The historical “C Zone” is located
approximately 1 km to the west of the “A Zone” where drilling in 1963 identified similar mineralization for the “C Zone” as at the
“A Zone”. BWR completed hole BWR-V-21-04 at the approximate location of the earlier hole also confirming the tenor of
mineralization encountered in 1963 by Canadian Shield.
PGM discussion for Holes BWR-V-21-01, BWR-V-21-02 and BWR-V-21-04
BWR’s first two holes in 2021, intersected the “A Zone” that appears to be a steeply dipping sub-volcanic assemblage of
rhyolite lenses intercalated with intermediate to mafic or perhaps ultramafic metavolcanics. BWR’s fourth hole tested the “C
Zone” located about 1 km due west of the “A Zone”.
Hole BWR-V-21-01 between 65.5m and 103.3m downhole is described as mafic to ultramafic rock, with moderate to strong
chlorite alteration, encapsulating a weakly silicified, chlorite altered possible rhyolite lense between 79.75m and 88.85m down-
hole, followed downhole by mafic to ultramafic, well chloritized rock continuing to 103.3m. Gold, Platinum and Palladium occur
in the V4 unit (mafic to ultramafic) as well as in the silicified V1 unit (rhyolite) identified in the drill logs.
Hole BWR-V-21-02 between 79.9m and 121.6m downhole is described as silicified rhyolite tuff between 29.85m and 82m, with
moderate chloritization between 78.4 to 82m, then there is a gradual contact with an ultramafic unit between 82m and 89.85m
downhole, then another gradual lower contact with well silicified almost chert-like fine grained rhyolite tuff between 89.85m and
117.15m with several mafic volcanic lenses between 101.8m and 112.5m, followed by ultramafic rock between 117.95m to
122.7m. Gold, Platinum and Palladium occur in the V4 unit (mafic to ultramafic) as well as the silicified V1 unit.
Hole BWR-V-21-04 intersected a series of rhyolite tuffs intercalated and intruded by intermediate to mafic units, followed by an
ultramafic assemblage of komatiite and peridotite. Mineralization in this hole appeared very similar to the mineralization
observed in the first two holes located 1000 metres east in the “A Zone”. Hole BWR-V-21-04 between 83.55m and 123.6m
downhole is described as an ultramafic rock, possibly komatiite, soft and very strongly chloritized. Gold, Platinum and
Palladium occur in the V4 unit.
The presence of PGM’s (platinum, palladium, and gold) associated with the nickel and copper suggest that a base and
precious metal mineralizing event may be related to a nearby magmatic intrusion encompassing and partially assimilating a
felsic volcanogenic assemblage, creating a hybrid VMS-MMS complex environment, that may host deposits of nickel, copper
and PGM’s.
Further exploration work along with desk studies are currently being planned, to continue the investigation into the economic
significance of the Vendôme Sud Nickel – Copper project, now that some mineralized zones are confirmed to contain precious
metals. The plans will likely include a continuation of the affirmation of earlier drill results with additional drill tests in the area
of known mineralization, as well as geophysical surveying using magnetic, electromagnetic and gravity ground surveys to
further identify exploration targets to depth.
Sampling protocol and security for samples
Minroc Management Limited’s senior geologist Francis R. Newton (B.Sc.) as project geologist, was tasked with managing the
drill project and selecting the samples for the additional precious metals analyses. The core was originally logged and cut in a
secure site, owned, and operated by Services MNG, in Val d’Or, Québec during the summer of 2021. Minroc Management
Limited rented a core shack from Services MNG where Minroc geologists logged the core. Samples were cut with a diamond
saw by Services MNG staff, under the supervision of Francis R. Newton, P. Geo, and half of the core for each sample interval
placed in labelled plastic bags along with a sample tag for each individual sample. Samples were delivered to ALS Minerals in
Val d’Or for processing and analysis, after analysis sample pulps were securely stored. Once at the lab, the samples were
originally tested using “ME-ICP41a – Intermediate Level Aqua Regia” for multi-element analysis. Samples returning 0.5% Cu
and/or 0.5% Ni or greater met the threshold criteria for further analysis and were recovered from secure storage and submitted
for further in house analysis using PGM ICP-24 methodology for gold, platinum, and palladium. Assay results for PGM’s were
received in mid-February 2022.
Mr. Francis Newton, P.Geo (OGQ#2129), in collaboration with Mr. Neil Novak P. Geo. are responsible for and have reviewed
the technical disclosure of this release. Mr. Newton as an independent qualified person pursuant to NI 43-101 guidelines for
technical disclosure, and Mr. Novak as a qualified person (not independent) pursuant to NI 43-101 guidelines both approve the
technical content of this press release.
BWR Exploration Inc. is a public company focused on exploring for base and precious metals, with its flagship Little Stull
Lake Gold Project in NE Manitoba along with other exploration projects in Northern Ontario, and Northern Quebec, Canada.
Management of BWR includes an accomplished group of exploration/mining specialists with many decades of operational
experience in the junior resource sector in Canada and abroad. There are 101,442,461 shares currently issued.
Neither the Toronto 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.
For more information about BWR’s Vendôme Sud Project please visit our website:
http://www.bwrexploration.com or call/email:
Neil Novak, P.Geo., President, CEO & Director,
BWR Exploration Inc.
82 Richmond St. E Toronto, ON
M5C 1P1
Office: 416-848-6866
For additional information please contact:
Carl Desjardins
Paradox Investor Services Inc.
Office: 514-341-0408