The Island 27 drill-ready project, located in the north of the Ontario Cobalt belt; immediately south of the gold-rich Larder Lake-Cadillac Fault Zone, part of the Abitibi Gold Greenstone Belt.
BMR, in joint-venture with Golden Valley Mines Ltd. is drill testing extensions. The project is located immediately south of the gold-rich Larder mineralized zone.
An area historically explorated for gold has overlooked cobalt potential.
A single drill hole intercept returned 4.18% Co, 0.38% Ni and 12.1 g/t Ag over 4m. Because the intercept was not gold, there was no follow-up until BMR joint-ventured the project. BMR continues to advance exploration in this area.