Northwire Canada EditionSunday, August 30, 2026
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GOLD 4529.90 −2.9% SILVER 67.79 −3.5% COPPER 6.66 −0.5% OIL 83.40 −0.2% PALLADIUM 1428.60 +5.4% SAE 0.520 +4.0% ZEN 0.770 +0.0% WGLD 0.130 +13.0% AEM 286.76 −3.9% SAG 1.32 −4.3% GSVR 0.475 −5.0% CRI 0.050 −9.1% TMQ 5.04 −4.2% BTO 7.85 −3.0% HBM 40.78 −3.0% EFR 20.38 −6.5% SF 0.365 −4.0% SPX 0.115 +0.0% CQR 0.060 +20.0% IVS 0.310 +5.1% CNC 1.44 −2.7% GOLD 4529.90 −2.9% SILVER 67.79 −3.5% COPPER 6.66 −0.5% OIL 83.40 −0.2% PALLADIUM 1428.60 +5.4% SAE 0.520 +4.0% ZEN 0.770 +0.0% WGLD 0.130 +13.0% AEM 286.76 −3.9% SAG 1.32 −4.3% GSVR 0.475 −5.0% CRI 0.050 −9.1% TMQ 5.04 −4.2% BTO 7.85 −3.0% HBM 40.78 −3.0% EFR 20.38 −6.5% SF 0.365 −4.0% SPX 0.115 +0.0% CQR 0.060 +20.0% IVS 0.310 +5.1% CNC 1.44 −2.7%
Drill Results

Fort St. James to Drill Multiple High-Priority VMS Targets Including Historic 13.6% Zn / 8.15% Pb Zone at Nepisiguit, Within Bathurst Mining Camp - Northern New Brunswick

By The Northwire Desk — AI Analysis Dec 03, 2025 · 09:02 FTJ · 0.04 Fort St. James Nickel Corp.
FTJ · Price

Executive Summary

  • Fort St. James Nickel Corp. (FTJ) announced a planned 1,000‑meter diamond drilling program for 2026 on the Nepisiguit Property in New Brunswick’s Bathurst Mining Camp.
  • The property hosts historic high‑grade intercepts (up to 13% Zn and 8% Pb) and multiple untested targets identified from prior work and third‑party reports.
  • FTJ is finalizing a definitive agreement to acquire 100 % of the Nepisiguit Base Metal–Precious Metal Property after completing due‑diligence and target definition.

Key Details

  • Drilling Scope: Approximately 1,000 m of diamond drilling slated for 2026 across four priority VMS targets (north, south, east, and central zones).
  • Historical Intercepts:
  • 1998 hole reported 13.57 % Zn & 8.15 % Pb over 0.20 m; 2.08 % Zn & 0.88 % Pb over 2.00 m.
  • Hole 98‑19 intersected 0.69 % Zn & 0.52 % Pb over 0.67 m (near‑surface).
  • Recent Work (2021‑2025):
  • Six drill holes totalling 1,131 m; magnetite iron formation with anomalous lead values (e.g., 2.61 g/t Pb & 32 % Fe over 1.85 m in NP‑21‑05).
  • Additional core samples from NP‑21‑06 showed 3.01–3.11 g/t Pb and 24–35 % Fe.
  • Target Areas:
  • Southern Zone: Historic lead, zinc, copper mineralization (Stratabound Minerals Corp.).
  • Eastern Zone: Unverified EM/IP geophysical anomalies reported by Major General Resources Ltd. (1996, 2000).
  • Central/East‑central Zone: Magnetite iron formation with elevated lead; further drilling planned.
  • Acquisition Status: Original LOI to acquire 100 % of the property (≈4,675 ha) has been extended; a definitive purchase agreement is expected following due‑diligence completion.
  • Qualified Person: David Martin, P.Geo., approved all technical information per NI 43‑101.

Notable Quotes

“With historic intercepts exceeding 13% zinc and 8% lead, and several untested targets across the property, we believe Nepisiguit is poised for a major breakthrough. This upcoming drill program is a significant step toward unlocking that potential,” – Barry Brown, President.

Read the original news release →

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