TORONTO — More minerals have been found near a mining project that’s under development in the southern U.P.
Aquila Resources, Inc., announced Tuesday that a new mineralized zone was discovered at the Back Forty Project in Menominee County. Officials said the results of two of the ten discovery holes drilled at a location about 500 meters from the current mine plan revealed a deposit of zinc and gold that could potentially be mined.
In a release from the company, Aquila CEO Barry Hildred said, “We are very encouraged by initial assay results that suggest potential mineable widths and grades of massive sulfide at a considerable distance from the resource we are currently developing at Back Forty. The results provide the potential to add to the resource base and mine life at Back Forty.”
This announcement came just a day after Aquila officials said they will submit a new wetlands protection permit to the Michigan Department of Environmental Quality based on comments provided by the department. That is the last permit Aquila needs to build and operate the Back Forty mine. All of the permits are subject to a consolidated public comment period that ends on November 3rd.
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