American Copper Development Completes 134 line-km Titan 160 DCIP and MT Survey Over the Lordsburg Property, New Mexico

Vancouver, British Columbia–(Newsfile Corp. – January 18, 2023) – American Copper Development Corporation (CSE: ADCX) (“ACDC” or the “‎‎Company”) is pleased to report preliminary results from a 134 line-km 3D Titan 160 DC resistivity/induced polarization (DCIP) and Magnetotellurics (MT) survey. The survey was completed across 16 lines (13 N-S and 3 E-W) by Quantec Geoscience over the Company’s flagship Lordsburg property in southwestern New Mexico (see map in appendix).

The purpose of the survey is to provide property-wide deep chargeability, resistivity, and magnetotelluric information at the Lordsburg property with the intent to help identify porphyry and/or skarn style mineralization targets. The DCIP provides information to depths of 700m and greater with the MT resistivity providing information to depths of up to 2km. Quantec conducted this high-resolution survey between August 2022 and January 2023. The Company is currently working with our contractors on 3D data inversions of both the DCIP and MT surveys and expect to have those results completed by February.

 

 

Minto Metals Reports Anomalies And New Exploration Targets From Magnetotellurics Survey

WHITEHORSE, YTDec. 20, 2022 /CNW/ – Minto Metals Corp. (“Minto” or the “Company”) (TSXV: MNTO) is pleased to report results from the 2022 Magnetotellurics survey over the Minto Mine Property.

The Company commissioned Quantec Geoscience Ltd. (“Quantec”) to conduct a SPARTAN MT survey, a deep-penetrating Magnetotellurics (“MT”) survey over the Minto Mine Property (Figure 1). The goal for the MT survey was to extend the geophysical coverage for the Minto Mine Property to depths below the extents of previous geophysical surveys, diamond drilling and current mining infrastructure to assess the potential for additional economic mineralization. Quantec completed the survey, consisting of a total of 184 SPARTAN MT sites (Figure 2), between July 10, 2022 and August 28, 2022 with results received by the Company in late November 2022.

 

Read complete press release here.

https://mintometals.com/blog/press-release/?release=122507

Argentina Lithium Announces Positive Results from Third and Fourth Drill Holes at Rincon West

October 25, 2022

Vancouver, BC / CNW / October 25, 2022 / Argentina Lithium & Energy Corp. (TSX-V: LIT, FSE: OAY3, OTC: PNXLF), (“Argentina Lithium” or the “Company”) reports positive lithium brine values from the third and fourth diamond drill holes at its Rincon West Project in Salta Province, Argentina. The Rincon West project covers 3742.8 hectares of the salar basin, located west and north of the adjacent Rincon Project owned by Rio Tinto. The property is currently permitted for up to 9 exploration drill holes. The fifth exploration hole is currently in final steps to completion. From May 2022 ….

“The TEM surveys suggest that interpreted brine aquifers extend substantially further west and south than indicated by earlier electrical surveys, demonstrating greater potential than expected by the previous owners. We plan to begin drilling in May to test these targets. These new geophysical data allow us to assess potential aquifer quality and depth prior to drilling, which is extremely advantageous for targeting.” stated Miles Rideout, V.P. of Exploration.

The TEM surveys, data modeling and presentation were completed by the Argentinean subsidiary of Toronto-based Quantec Geoscience Ltd., (“Quantec”). Quantec is a recognized leader in the industry, with experience spanning over 40 countries with over 5,000 geophysical projects. Quantec has considerable experience in the provision of qeophysical services for the evaluation of salars in the Puna Region of Argentina.

A total of 190 soundings were completed at 200 metre intervals along six east-west lines and two transecting lines, with a north-south line spacing of between 1400 and 1900 metres (see Figure 1). Data were acquired with a Geonics Ltd. PROTEM System operated in centre-loop sounding mode with 200m transmitter loops. The sounding data were recorded at 2.5 and 25 Hz. repetition rates. The data were modelled with 1-D resistivity-depth inversions, which were compiled as 2D resistivity transects of the project. The maximum depth of investigation varied from 200 metres to as much as 1700 metres below surface.

Viscount Mining TITAN MT Survey Confirms Significantly Large Conductive Anomaly Indicating Likely Porphyry at Silver Cliff, Colorado

 

  • As verified by Quantec geoscientists, a deposit with this large scale size and this high of a conductivity (extremely low resistivity) is likely explained by a huge system of interconnected mineralized fractures.
  • The main body of the conductive anomaly starts at a depth of ~450m and continues another ~1.5km, maybe deeper (this was the extent of the MT survey depth capability). The length of the anomaly is ~1.4km in the SW-NE direction with a width of at least 700m and an open interpretation to the untested NW. This represents a total volume of over 665,000,000m3 as determined by Quantec.

Vancouver, British Columbia–(Newsfile Corp. – September 22, 2022) – Viscount Mining Corp. (TSXV: VML) (OTCQX: VLMGF) (“Viscount” or “the Company”) is pleased to announce our results of our Titan MT survey on Passiflora in Silver Cliff, Colorado.

During the early summer of 2022, Viscount contracted Quantec Geoscience to perform a five-line TITAN MT survey over the Silver Cliff caldera of the Passiflora target. Quantec is authorized by the Association of Professional Geoscientists of Ontario (PGO) and has acquired many reputable clients such as Newmont Mining, Barrick Gold, Agnico – Eagle Mining, De Beers Consolidated Mines Limited and the Nevada Department of Energy to name a few. The purpose of the survey was to identify conductive areas below the survey surface which could represent metal deposits, or perhaps the presence of a porphyry. As shown by Figure 1 below, each of the five, parallel lines surveyed by Quantec Geoscience were 2.2 kilometers (1.36 miles) in length and separated by 175 meters (574 feet).

Quantec survey crews continue to perform at exemplary standards

 

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.

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, BCApril 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.

February 1, 2022

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.

  • A 2,500 meter (‘m’) long by 1,200m wide, northerly dipping positive chargeability (>10mrads) has been located on the northern flank of one of the intrusive centers identified by the Magnetic Vector Inversion study. The chargeability anomaly is open to the east and to the west.
  • The chargeability anomaly underlies a coincident 3,000m by 2,000m area of copper mineralization exposed in outcrop/subcrop and Cu-Mo in soil geochemical anomaly.

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 (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.