Churchill Resources Updates on Black Raven Exploration Program
Churchill Resources Inc. (TSXV: CRI) is thrilled to announce significant progress in its ongoing evaluation program at the Black Raven Property. This site is historically home to the Frost Cove Antimony Mine and the Stewart Gold Mine. Launched in mid-September, the fall evaluation program marks a crucial exploration effort aimed at identifying antimony, gold, and silver deposits on the property.
Exploration Progress and Anticipated Results
With approximately 5,000 meters of drilling completed alongside extensive soil sampling and trenching activities, Churchill is eagerly awaiting assay results from both the drilling and channel samples. The first batches of drill core and surface trench samples from the Frost Cove trend and the Taylor’s Room prospect are set to be analyzed imminently. The team has submitted a total of 363 core samples and 89 channel samples for testing, which many are undergoing additional assessment due to previously detected over-limit metal contents.
Highlights of the Fall Evaluation Program
As of recently, the fall exploration has exceeded expectations, with 48 boreholes drilled, totaling 4,602 meters. Four main prospects have been the focus of this program:
Frost Cove Antimony Mine Prospect
This prospect has seen 30 boreholes drilled, extending to 2,742.5 meters, complemented by 18 channel samples taken along an 800-meter strike length.
Taylor’s Room Prospect
With 11 boreholes drilled amassing 1,130.5 meters and six channel samples collected, the Taylor’s Room prospect is noted as the position for the 12th hole, currently in progress.
Stewart Gold Mine Prospect
This component includes six boreholes totaling 585 meters, alongside two sample findings from historical vein material across a 300-meter strike.
Pomley Cove Pond Prospect
One borehole of 142 meters has been completed here, with nine channel samples from newly discovered veins, and plans for three additional holes are in motion before the break.
The exploration efforts have effectively uncovered known mineralization at Frost Cove, Taylor’s Room, and Stewart Mine, while also revealing several new polymetallic veins at Pomley Cove. Encouraged by these findings, the company has decided to continue its drilling program beyond 5,000 meters into December, with a planned restart in February—all funded by the cash reserves on hand.
Soil Sampling Program Insights
The 2025 soil sampling program, which utilized a comprehensive grid system for collection, has returned initial results from 993 samples, with around 1,200 still pending. Key areas for trenching and further drilling in 2026 have been identified based on these results:
- Antimony Anomalies: New anomalies discovered west of the Frost Cove Mine might coincide with historic antimony deposits.
- Gold Findings: Anomalous areas observed around Pomley Cove Pond where drilling yields a high gold value of 922ppb.
- Silver Trends: Notable trends identified to the north of Pomley Cove Pond.
- Copper and Zinc Correlations: Copper anomalies closely align with gold and silver trends, indicating potential concentrated areas of mineralization.
- Lead and Molybdenum Insights: Scattered lead findings and defined northeasterly trends of molybdenum also mark areas of interest.
Optical-Sorting Studies Initiated
Churchill has embarked on optical-sorting studies focused on wall rock and mineralization material from the Frost Cove Antimony Mine. Their goal is to enhance high-grade pre-concentrate production. The company has engaged Stark Resources Group for advanced testing on selected samples for physical properties, collaborating with SGS Lakefield to evaluate antimony recovery potentials from various processing methods.
Future Exploration Efforts and Goals
The overarching aim of Churchill’s evaluation program is to determine the depth and continuity of mineral deposits within the Frost Cove and its surrounding areas. The site has potential as a significant supply source for antimony, gold, and other valuable minerals in the North American market. The strategic approach at Black Raven intends to culminate in initiating resource estimates aligned with national guidelines, progressing towards a compliant maiden resource estimate.
Black Raven’s advantageous location benefits from existing infrastructure, easing the logistical operations needed for successful exploration activities. The area’s polymetallic stockworks vein system includes vital resources—antimony, gold, silver, lead, and zinc—proven through methodology in current studies and earlier explorations.
Frequently Asked Questions
What is the focus of Churchill Resources' current evaluation program?
The evaluation program primarily targets the identification of antimony, gold, and silver on its Black Raven Property.
How many meters of drilling have been completed?
As of the latest update, approximately 4,602 meters of drilling have been completed.
What are the key prospects being explored?
The major prospects include the Frost Cove Antimony Mine, Taylor’s Room, Stewart Gold Mine, and Pomley Cove Pond.
When are additional results expected from ongoing testing?
Assay results for the first two drill core and channel sample batches are expected imminently.
Who are the key contacts for more information?
For further inquiries, Conan McIntyre, CEO, and Paul Sobie, President, are available for contact.
