In January of this year Diamond Field Resources Inc. formally announced the discovery of new reserves at the Voisey's Bay site. These reserves include the Western Extension (west of the original ovoid) and the Eastern Deeps deposit. The addition of these discoveries, combined with the original reserves, have boosted reserve estimates from 32 million tonnes to about 100 million tonnes. A recent announcement that the Eastern Deeps ore zone has been expanded further east means that this total reserve figure has probably been increased.
The Eastern Deeps discovery is of enormous significance since it implies that widespread mineralization may exist over a large area east of the original discovery site. To appreciate the significance of this, it is necessary to understand the geology of the Voisey's Bay deposit.
| The Reid Brook Intrusion, named after the nearby Reid Brook, is a rock formation that resulted from the injection (intrusion) of a volume of molton rock (magma) into a space within the earth's crust. The magma cooled and crystallized to form rock - in this case - troctolite. |
Mineralization crystallized from the magma within the Reid Brook Intrusion and, because of its denser nature, accumulated on its floor. This floor zone is now thought to be represented in the west by the ovoid deposit and to the east by the deeper level ores of the Eastern Deeps. The floor, together with its ores, continue to the east for an as yet undetermined distance.
The exciting potential that this reveals is that large parts of the Reid Brook Intrusion may contain mineralization at depth, although surface indications of its presence may be lacking. Only continued drilling will determine the ultimate extent of the ore bodies but the potential for further discoveries, as predicted by Diamond Fields and the project managers, Archean Resources, appears very high indeed.
Still to be determined is the significance and extent of the Western Extension. Since the priority at the moment appears to be on the Eastern Deeps, it may be some time before the potential of the Western Extension is realized.
