The purpose of the survey is to provide property-wide deep chargeability, resistivity, and magnetotelluric information at the
A preliminary chargeability model has been generated by 3D gridding of the 2D chargeability inversion model results along each survey line (Figures 1, 2). Significant chargeability anomalies are present along-strike and proximal to historic underground mine workings. There is a distinct circular shaped chargeability low in the centre of the survey area, which could be caused by a sulphide mineral halo surrounding a porphyry stock. Since this central interpreted intrusive porphyry stock appears to be associated with a chargeability anomaly low, several other chargeability anomaly lows observed within the survey area may also be associated with intrusive porphyry stocks. The central interpreted porphyry stock appears to deepen to the east and is likely tilted or rotated which is consistent with our interpretation of the regional scale geology. Some of the chargeability anomalies also appear to be aligned along regional NE-SW structural corridors, consistent with mapped geologic structures and lineaments throughout the property. The deepest historic mine workings appear to be within the upper part of the central interpreted porphyry stock, and beneath or within the chargeability halo. Overall, the data correlates well with mapped geology in addition to corresponding with distinct radiometric K anomalies across the property. Due to the size of the survey, 3D inversion modelling will better refine the model and assist in evaluating the significance of individual anomalous areas.
A 5,000m Phase I drill program is expected to commence in mid-February and is designed to further test the mineralization first identified by
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About the Company
The Company is engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Lordsburg Property and the Chuchi South Property.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in
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