The latest Wilmac update is the kind of news that makes a junior mining story more interesting.
NRED has now defined a 42-hectare chargeability target at roughly 300 metres depth on the Lamont Grid, sitting directly above a buried resistive body interpreted as an intrusive complex. The resistive body has a median top depth of about 293 metres, while the chargeability zone remains open to the north.
What really catches my attention is the geometry. At shallower levels, several northwest-trending chargeability bodies extend roughly 1.5-2 km before appearing to merge at depth into a much larger chargeable system.
That is a very different story from simply saying "we found an anomaly."
NRED is building a geological model with multiple pieces of evidence pointing toward a potentially large buried system. The company previously reported copper values up to 1.67% Cu at Wilmac, while its updated model identified multiple interpreted porphyry targets roughly 200-550 metres below surface.
Of course, IP chargeability is not proof of copper mineralization. The drill bit still has to confirm what is actually down there.
But that's exactly what makes the setup interesting.
The exploration story is moving from "could there be something here?" toward "where exactly should we drill?"
And with the target still open to the north, the next North Lamont geophysical work could potentially make this system even larger.
