York Harbor Metals Inc, (TSXV: YORK) is an exploration and development company focused on the York Harbor Copper-Zinc-Silver Project; a past-producing mine located approximately 27 km from Corner Brook, Newfoundland
According to the Fraser Institute’s 2020 Investment Attractiveness Index, Newfoundland and Labrador is among the top ten mining jurisdictions in the world.” Mineral potential, transparent permitting, excellent infrastructure, and a competent workforce all contribute to its appeal. The provincial Department of Industry, Energy and Technology handled 389 mineral exploration applications in 2020, a record high compared to the preceding five years.” (Investing in gold news)
WHY EVERYONE IS UNDERESTIMATING THE POTENTIAL OF YORK.V
The Company is continuing to drill the 11 known mineralized zones in order to broaden the mineralized footprint. Additional huge sulfide targets on the 3,900-hectare property, including as the No 4 Brook showing, have still to be drill tested. Continued exploration of the main historical mine region, with a focus on investigating the up-dip and down-dip expansions of zones holding VMS copper, zinc, silver, and cobalt-bearing mineralisation across a 450-meter strike length.
Not only that, the Company is also pursuing access and exploration permissions for the No 4 Brook, as well as the 4 Level and Sea Level adits.
The landmass of the province is larger than that of many countries, including New Zealand, Germany, and England. It is still underexplored in comparison to other mineral-rich jurisdictions, providing a unique opportunity for mineral resource investment and fresh mineral discoveries. Further investigation, partner ventures, and investment are all possibilities. For those wishing to invest in the province,their stable political and regulatory climate gives stability and security.
It’s difficult to decide whether to invest in commodities, friendly jurisdictions, or both, as in York. Having a drill in high-demand industrial metals in one of the world’s top ten mining countries should be a good investment.
ANNOUNCEMENT DATED APRIL 7TH
To date, the Company has completed nearly 10,000 meters of diamond drilling in 64 holes, with three more holes in the works. All 38 holes from the Phase 1 and 2 drill programmes have received assay results. Drilling has tested roughly 450 meters of strike length to a depth of only 150 meters from the surface, and the results show that mineralisation continues in all directions. 28 drill holes, or 74%, of the 38 completed in the first two phases of drilling intersected significant massive and/or semi-massive sulfide mineralisation*.
York’s performance has more than doubled its share price YTD, and there is also the possibility of M&A activity.
