As part of the current exploration program, Supreme Metals Corp. requested that Pioneer Aerial Surveys Ltd. carry out a high resolution airborne magnetic survey using an Unmanned Aerial Vehicle (UAV) on the Bloom Lake East property. The survey area is located approximately 20 km southwest of Labrador City (Figure 1: Location of Bloom Lake area relative to Labrador City, NL.Figure 1). The aeromagnetic survey totalled 418.73 line-km and was completed from August 24th, 2018 to October 2nd, 2018, Pioneer Aerial Surveys Ltd. (Pioneer) completed an airborne magnetic survey (UAV-MAGTM) at the Bloom Lake East property using an Unmanned Aerial Vehicle (UAV).
The properties involved with this survey are prospective for iron and cobalt mineralization. Showings of high-grade cobaltite have been observed immediately west of Bloom Lake, and the property is located directly across the provincial border from Champion Iron Mines Ltd. Bloom Lake project, which is a currently producing iron mine.
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