Noronex Limited provided an update regarding the commencement of the company's maiden drill program on its Canadian Copper Projects. A drill rig has been mobilised to Noronex's high-grade copper project in Ontario, Canada and a 1,500m diamond drill program has commenced. The drill program is intended to test EM (electromagnetic) targets on the VMS (Volcanogenic Massive Sulphide) project that are along strike and at depth from the known Lynx copper deposit at its Onaman Project.

The Lynx deposit has a compliant JORC (2012) Inferred Resource estimate of 1.63 million tonnes of 1.6% Cu, 0/66g/t Au and 40g/t Ag and historical drill intercepts1 including: S06-01: 5.0m @ 6.0% Cu, 1.5g/t Au and 154g/t Ag from 96m, S08-33: 7.5m @ 4.9% Cu, 2.0g/t Au and 136 g/t Ag from 111m, S08-52: 3.7m @ 8.1% Cu, 6.1g/t Au and 236 g/t Ag from 195m. The new drill targets were generated by a fixed loop ground electromagnetic (EM) survey conducted in mid-2021 by Abitibi Geophysics using ARMIT technology. The project is located in the Onaman-Tashota Greenstone Belt of the Archean Superior Province, an area prospective for Cu, Zn, Ni, Au, Co, Li and PGE.

The current drill program is planned to take approximately 1 month with follow up work to be planned soon after depending on results and further project review.