

The CMB E property, located in the central-eastern portion of the Central Mineral Belt, consists of 247 claims in one licence that was acquired by staking in 2006. It is located on Labrador Inuit Settlement Area (LISA) Lands, jointly managed by the Nunatsiavut and Newfoundland and Labrador governments, 25 to 35 kilometers to the southeast of Postville. Read more...
An airborne radiometric/magnetic survey was flown by Fugro Airborne Surveys in the summer of 2006 and one high priority target was noted. Limited prospecting follow up in the fall of 2006 found no significant mineralization; however, prospecting in August 2007 resulted in the discovery of two significant mineralized areas: 1) a subcrop of siliceous, hematitized, microgranite which gave 1.0% U308 from a single sample within a wide area of high scintillometer values; and 2) an outcrop of hematitized granite which gave 0.28% U308, 0.6% Mo, and >100 ppm Ag. No follow up has been carried out.
Exploration in the summer of 2008 on the CMB E property will include RadonEx or other Radon gas surveys, soil geochemistry, prospecting and geological mapping followed by trenching and drilling, if warranted.
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