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Pele Mountain gaining momentum.


Two major projects are fueling momentum at Pele Mountain Resources.

Caracle Creek International Consulting Inc. has identified Pele's Levack property as being a quartz diorite Quartz diorite is an igneous, plutonic (intrusive) rock, of felsic composition, with phaneritic texture. Feldspar is present as plagioclase (typically oligoclase or andesine) with 10% or less potassium feldspar. Quartz is present at between 5 to 20% of the rock.  dike Dike, in Greek religion and mythology
Dike: see Horae.
dike, in technology
dike, in technology: see levee.
dike

Bank, usually of earth, constructed to control or confine water.
.

The dike, which is part of the Sudbury Igneous Complex The Sudbury Igneous Complex is a 1844 million year old impact melt sheet in Greater Sudbury, Northern Ontario, Canada. It is part of the Sudbury Basin impact structure, and is classified as a lopolith. , extends through the northern boundary of Levack Township where FNX Mining FNX Mining Company Inc. TSX: FNX is a Toronto, Ontario based company that produces and explores for nickel, copper, platinum, palladium, gold and cobalt in the Sudbury Basin, Ontario, Canada.  Company Ltd., Inco Ltd. and Falconbridge Ltd. have claims.

Several massive sulphide boulders were found along a newly built logging road about three kilometres south of the Foy offset dike. The boulders showed distinct magnetic anomalies within 300 metres of where they were found.

In addition to their news on the Levack property workers have successfully blasted three separate samples from the Festival Diamond project, including a 300-tonne sample from the Cristal occurrence and two other samples from the Deutz diamond zone. Festival Diamond is located 25 kilometres north of Wawa. The 500-tonne bulk sample will be shipped to Lakefield, Ontario Lakefield (population 2400) is a village which is a part of the township of Smith-Ennismore-Lakefield, and Peterborough County, Ontario, although it was formerly a separate village. The Trent-Severn Waterway passes on the west.  where crushing will occur.

Exploration at the Festival site is funded by Goldcorp, which stands to earn a 50-percent interest in the project.
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Article Details
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Title Annotation:IN BRIEF
Publication:Northern Ontario Business
Article Type:Brief Article
Geographic Code:1USA
Date:Oct 1, 2005
Words:171
Previous Article:Timmins camp still heating up.(MINING)
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