Quantec Geoscience Completes TITAN MT Deep-Penetrating Geophysical Survey at La Virginia
- Drilling at Paredones zone is complete, with first results now received
- Prospecting activities continue to advance La Colmena, north of El Rubi, and return encouraging surface samples ranging up to 8.31 g/t gold and 90 g/t silver from chip sampling at the southern extension of El Molino Zone
VANCOUVER, BC, April 8, 2022 /CNW/ – Silver Viper Minerals Corp. (the “Company” or “Silver Viper“) (TSXV: VIPR) is pleased to provide an update on exploration activities within the La Virginia Silver-Gold Project, located in Sonora, Mexico. Exploration efforts since the release of Silver Viper’s Maiden NI 43-101 gold-silver mineral resource estimate have continued to advance with exploration drilling at El Rubi and expansion of mapping and sampling coverage across the project area. Recent drilling has been performed at the Paredones Zone on the eastern structural/mineralized trend. Quantec Geoscience contractors have now completed data collection for a 31 line-kilometre Magnetotelluric geophysical survey covering approximately 610 hectares (1,500 acres). Final deliverables from the survey are expected in the coming weeks.
Silver Viper had engaged Quantec Geoscience to execute a TITAN-MT deep-penetrating geophysical survey centered on the El Rubi Deposit, Paredones and El Molino target areas. The survey is expected to greatly assist in targeting for deeper portions of the mineralized system. The TITAN Magnetotelluric (“MT“) survey is capable of acquiring information from depths in excess of 1,500 metres below surface. In anticipation of the survey, drilling recently focused on probing of prospective mineralized structures and trends, most recently the Paredones area on the eastern trend sub-parallel to that hosting El Rubi.
Silver Viper’s President and CEO Steve Cope states “Quantec has shared preliminary data from the first lines of the MT survey. We expect the geophysics to help in refining drill testing of existing zones and to reveal new deeper unexposed targets. Once the data is processed, we anticipate identification of additional prospective targets, comparable in size to El Rubi. Preliminary data is already showing potential new targets that were previously unknown.”
The exploration team has reviewed preliminary 2D imaging from the first of the MT survey lines and believe the method will be very effective at La Virginia. The company eagerly awaits final deliverables expected in the coming weeks.
Prospecting work continues along the El Rubi trend and the adjacent El Molino trend. Advances have been made at the La Colmena, Paredones and El Molino South prospect areas. These early-stage prospects host outcroppings of silicified hydrothermal breccias and quartz veining, similar to breccias and veining seen in the El Rubi area. In addition to the geophysical survey, current work includes rock chip sampling and mapping.
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Kenorland’s Geophysical imaging at Healy property with TITAN Deep DCIP & MT
Geophysical imaging of the Healy property was achieved with deep-seeing Titan™ IP and MT surveys (induced polarization and magnetotellurics), transecting five kilometers across the three target areas where drilling was conducted. The surveys were carried out towards the end of the field season due to contractor availability. The IP and MT surveys, which imaged up to 800 meters and 4 kilometers depth respectively, support the presence of shallowly dipping, east-verging architecture with mineralisation occurring along low angle thrust faults and steeper cross-cutting fault corridors. Broad zones of disseminated sulfide and strong alteration are well-defined in the chargeability and resistivity data with zones of combined high chargeability and low resistivity (high conductivity) correlating well with mineralised intercepts from the 2021 drill program. The imaging of additional strongly conductive and chargeable zones, between drilled prospects, highlight significant exploration targets which warrant follow-up drill testing.
Silver Viper Minerals Runs TITAN – MT Deep Geophysics Survey at La Virginia
TSX.V: VIPR
www.silverviperminerals.com
Mr. Stephen Cope reports:
Quantec Geoscience Completes TITAN MT Deep-Penetrating Geophysical Survey at La Virginia
VANCOUVER, BC, April 8, 2022 /CNW/ – Silver Viper Minerals Corp. (the “Company” or “Silver Viper“) (TSXV: VIPR) is pleased to provide an update on exploration activities within the La Virginia Silver-Gold Project, located in Sonora, Mexico. Exploration efforts since the release of Silver Viper’s Maiden NI 43-101 gold-silver mineral resource estimate have continued to advance with exploration drilling at El Rubi and expansion of mapping and sampling coverage across the project area. Recent drilling has been performed at the Paredones Zone on the eastern structural/mineralized trend. Quantec Geoscience contractors have now completed data collection for a 31 line-kilometre Magnetotelluric geophysical survey covering approximately 610 hectares (1,500 acres). Final deliverables from the survey are expected in the coming weeks.
Silver Viper had engaged Quantec Geoscience to execute a TITAN-MT deep-penetrating geophysical survey centered on the El Rubi Deposit, Paredones and El Molino target areas. The survey is expected to greatly assist in targeting for deeper portions of the mineralized system. The TITAN Magnetotelluric (“MT“) survey is capable of acquiring information from depths in excess of 1,500 metres below surface. In anticipation of the survey, drilling recently focused on probing of prospective mineralized structures and trends, most recently the Paredones area on the eastern trend sub-parallel to that hosting El Rubi.
Silver Viper’s President and CEO Steve Cope states “Quantec has shared preliminary data from the first lines of the MT survey. We expect the geophysics to help in refining drill testing of existing zones and to reveal new deeper unexposed targets. Once the data is processed, we anticipate identification of additional prospective targets, comparable in size to El Rubi. Preliminary data is already showing potential new targets that were previously unknown.”
The exploration team has reviewed preliminary 2D imaging from the first of the MT survey lines and believe the method will be very effective at La Virginia. The company eagerly awaits final deliverables expected in the coming weeks.
Prospecting work continues along the El Rubi trend and the adjacent El Molino trend. Advances have been made at the La Colmena, Paredones and El Molino South prospect areas. These early-stage prospects host outcroppings of silicified hydrothermal breccias and quartz veining, similar to breccias and veining seen in the El Rubi area. In addition to the geophysical survey, current work includes rock chip sampling and mapping.
Copper Fox Identifies Large Chargeability Anomaly on Eaglehead Project
Calgary, Alberta–(Newsfile Corp. – February 1, 2022) – Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (“Copper Fox” or the “Company”) through its wholly owned subsidiary Northern Fox Copper Inc. is pleased to provide the results of the ORION Swath DCIP survey (“ORION Survey”) and the details of a mineral tenure exchange on its 100% owned Eaglehead polymetallic porphyry copper project located approximately 50 kilometers (‘km’) east of Dease Lake, British Columbia. The Eaglehead project covers a large portion (15,712.9 ha) of the late Jurassic age, Eaglehead stock located at the southern margin of the Quesnel terrane.
Andean Precious Metals Initiates Drilling Program on the San Pablo porphyry target identified in the recent TITAN survey.
TSX.V: APM
www.andeanpm.com
Mr. Simon Griffiths reports:
Targeting San Pablo Porphyry with 15,000 Meters
Toronto, Ontario–(Newsfile Corp. – February 7, 2022) – Andean Precious Metals Corporation (TSXV: APM) (OTCQB: ANPMF) (“Andean” or the “Company“), a leading Latin American precious metals producer, is pleased to announce the launch of a 15,000 m, Phase Two drill program focused on the San Pablo porphyry target identified in the recently completed Titan geophysical survey.
Our Phase Two exploration program will test a porphyry target at our San Pablo Gold Project that was identified in our recently completed Titan Geophysical survey. We have budgeted 15,000 meters for this purpose.” Mr. Griffiths went on to say, “I am encouraged by the scope of opportunity that exists for Andean to grow organically in Bolivia. Exploration is a key element of this growth, complementing our San Bartolomé mine life Expansion Study and the continued extension of our government contracts.”
Twelve diamond drill holes were completed at San Pablo in 2021 for a total of 3,580 m, as reported in the press release of November 30, 2021. The highlight was an intersection of 53.8 m grading 1.17 g/t Au from 211 m depth in hole SP21-01. All twelve holes encountered anomalous gold throughout their lengths.
Quantec Geoscience subsequently carried out a 9-line, 20.3 line-kilometers, Titan 24 deep induced polarisation survey (“DCIP”) and magnetotelluric survey (“MT”) at San Pablo that was completed in December. On many lines the DCIP shows a thick, very conductive layer close to the surface that limits the depth of penetration. The magnetotelluric survey, which is a passive method that uses the earth’s natural electromagnetic field as the source field to image subsurface resistivity structure, achieved depths of investigation of about 1,200 m. The survey detected very low resistivity anomalies at depth that are interpreted to be altered porphyry intrusions. These will be tested in the forthcoming Phase Two drill program. The holes are being targeted on the basis of low resistivity, high chargeability which may be due to sulphides with associated gold, and geology.
Taseko Mines utilising Quantec’s MINESITE imaging to seek new resources
Taseko Mines (TSX: TKO) announced on Tuesday that its Gibraltar mine produced 34.5 million lb of copper plus 600,000 lb of molybdenum in the third quarter of 2021, representing increases of 29% and 50%, respectively, over Q2 2021. Taseko is the 75% owner and operator of the open-pit copper-molybdenum mine, and production volumes are reported on a 100% basis. The Gibraltar mine, located in south-central British Columbia, is the second-largest open pit copper mine in Canada and the fourth-largest in North America, with a life of mine average annual production of 135 million lb copper.
Taseko is currently mobilizing a drill crew at Gibraltar to continue the site-wide exploration program that started in spring 2021. Quantec’s deep-penetrating TITAN 160 geophysics survey has identified a number of anomalies outside Gibraltar’s current resources, and the drill program is designed to test those areas with the eventual goal of increasing the company’s resource base.
TITAN 130 DCIP providing high resolution imaging at Brussels Creek
RECHARGE RESOURCES TO COMMENCE EXPLORATION AT BRUSSELS CREEK
Tectonic Commences Titan Geophysical Survey in Advance of Phase Two Drilling of Pogo-like Gold-in-soil Anomalies at the Tibbs Gold Project, Alaska
VANCOUVER, B.C., July 20, 2021 – Tectonic Metals Inc. (TECT: TSX-V; TETOF: OTCQB; T15B: FSE) (the “Company” or “Tectonic”) today announced the commencement of a deep-penetrating TITAN-160 (“TITAN”) ground-based Geophysical Survey (the “Survey”) designed to specifically target multiple Pogo-like gold-in-soil anomalies situated on the Company’s Tibbs Gold Project (“Tibbs”), located in Alaska’s Goodpaster Mining District, 35 kilometres (“km”) east of Northern Star Resources’ Pogo Gold Mine. The Company engaged Quantec Geoscience Limited to carry out the Survey at Tibbs to transect the entirety of the structural corridor, which controls gold mineralization at the property. TITAN is a unique survey that employs two separate geophysical surveys: DC Resistivity and Induced Polarization (“DCIP”) and Magnetotelluric (“MT”) and provides DCIP resistivity and chargeability sections at depths of up to 750m, with MT collected to depths of 1,500m and greater.
TITAN-160 Survey – Technical Details
Four TITAN lines 4,000m long and spaced approximately 1,000m apart are planned at Tibbs. Dipoles are spaced at 100m along each line, with MT sites spaced at 200m, to provide data coverage to significant depths (DCIP to approximately 750m depth; MT resistivity to approximately 4,000m depth). The Survey is expected to be completed in the latter half of July.
Orefinders Resources Completes ORION SWATH Ground Geophysical Survey and Initial Modeling at McGarry Gold Project
TORONTO, June 11, 2021 /CNW/ – Orefinders Resources Inc. (“Orefinders” or the “Company”) (TSXV: ORX) is pleased to announce the completion of a DCIP-MT ORION SWATH ground-based Geophysical Survey (“Survey”) on its McGarry Gold Project (“McGarry”). McGarry is adjacent to the Kerr Addison Mine that produced approximately 11 million ounces of gold before closing in 1996.
The initial 2-D modeling of the Survey data has shown significant IP (Induced Polarization) and MT (Magnetotelluric) anomalies associated with the Larder-Cadillac Fault Zone between the McGarry headframe and the Barber-Larder open-pit and also at other less explored target areas at McGarry (Figure 1).
“This sort of survey, combining quasi 3-D IP and deep-penetrating MT technologies has never been conducted on McGarry. This approach is aimed at delineating new exploration drill targets that could lead to new gold discoveries on a highly prospective project along the Larder-Cadillac Fault Zone,” said Keith Benn, Orefinders Vice President of Exploration.
The Survey was designed to gather high-resolution data at depth that will be key to identifying ‘under cover’ exploration targets, i.e., potential ore bodies that do not reach the surface. Subsequent 3-D modeling of this geophysical data set along with machine learning applied to all available data for McGarry will allow the Company to prioritize exploration targets for a drilling program later in 2021.
HUDBAY releases Exploration Update at Copper World
Hudbay Announces Significant New Discovery at its Copper World Properties Adjacent to Rosemont
Sierra Metals discovers new high grade oxide zone located within the current mine operations area at the Yauricocha Mine Peru.
TORONTO / Apr 13, 2021 / Business Wire / Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) today announces that drilling results demonstrating high-grade oxide polymetallic ore has been confirmed in an area between the Cachi Cachi and Esperanza zones along the Yauricocha Fault and within current operations at the Yauricocha Mine.
Mr. Lujan added, “In 2020, the Company commenced construction on a tunnel to connect the Esperanza and the Cachi Cachi orebodies, located 820 meters apart. The tunnel allowed exploration along this area adjacent to the trend of the mineralized bodies at the Yauricocha mine. This zone is a top priority exploration target for the Company due to its favorable geologic setting and strong geophysical anomalies from our Titan 24 Survey. Today’s announcement corresponds to the drilling campaigns of the first two exploration stations along this tunnel. Further drilling stations are planned in the coming months once the tunnel reaches the Cachi Cachi orebodies.”
Read the full press here..
https://www.sierrametals.com/investors/news-releases