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Highlights

  • Drilling begins at Hector Project, targeting silver and cobalt anomalies identified by geophysical surveys.
  • Block 9 zone historically returned assays of 326 g/t silver in 1970s Teck drilling.
  • South Keora shaft samples from early 1900s reported up to 15% cobalt and 1,000 oz/ton silver. 

Makenita Resources Inc. (CSE: KENY) has commenced drilling operations at its Hector Silver-Cobalt Project, situated in the historically significant Larder Lake Mining Division of Ontario. The company confirmed that mobilization to site was completed as planned, and drilling is now underway on the project’s highest-priority targets. 

The maiden drill program aims to evaluate multiple silver and cobalt zones identified through recent fieldwork and an updated structural model. The model incorporates data from 522.9 line-kilometres of airborne magnetic and Very Low Frequency Electromagnetic (VLF-EM) surveys. Makenita noted that this geophysical data has been instrumental in refining drill targets and understanding the project’s underlying geological structures. 

One primary focus of the drilling is the Block 9 silver anomaly. This area was previously drilled in the early 1970s by Teck, yielding assay results as high as 326 grams per tonne (g/t) silver, equivalent to approximately 9.5 ounces per ton, according to Assessment File 31M05SE0075. Such historical results have heightened interest in testing this target at depth and along strike to assess continuity and potential scale. 

Additionally, the program will test the South Keora shaft, a historic high-grade prospect documented over a 100-metre strike length. Early records from as far back as 1913 reported cobalt values between 12-15% and silver assays up to 1,000 ounces per ton, as referenced in Mineral Inventory MDI31M05SE00131. 

Makenita indicated that recent wildfire-related clear-cutting in parts of the property has provided new geological exposures, facilitating mapping and surface sampling in previously inaccessible areas. The company anticipates releasing assay results once drilling is completed and analytical work is finalized, offering further insights into the project’s mineral potential. 

Further updates are expected as the exploration program progresses through 2025.