TORONTOJune 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.

 

Scope of Project:

Laurentian University’s Mineral Exploration Research Centre (MERC) is leading a geophysical survey in the Timmins and Cochrane area from October 7 to November 15, 2020.

The goal is to advance geoscientific knowledge about the underlying geologic architecture, structures, and mineral resource potential of the Earth’s crust approximately 30 kilometres below the surface. 

The project is part of MERC’s $104 million Metal Earth project, which is Canada’s most extensive exploration research program and involves a consortium of industry partners. 

Quantec Geoscience will use electromagnetic technology, specifically magnetotelluric (MT) and audio magnetotelluric (AMT) instruments, to survey selected stations within a corridor of approximately 130 kilometres by 50 kilometres.

The corridor stretches from Highway 11 in the north to 50 kilometres south of Timmins. Surveyors will be active in some residential areas. 

High-resolution AMT surveys in the Timmins gold camp are made possible with consortium partner support. Newmont Corp is funding surveying from Tisdale to Matheson townships. International Explorers and Prospectors Inc. and Lake Shore Gold (a subsidiary of Pan American Silver) are funding surveys from Loveland to Thorneloe townships, west of Timmins. 

The new survey adds data to previous seismic and ongoing MT and AMT surveys conducted through the Metal Earth project in Ontario and Quebec. Seismic surveys were completed as part of the Discover Abitibi project, managed by the Timmins Economic Development Corporation, in 2004. MT and AMT surveys were not previously conducted in the planned survey area. 

Toronto, Ontario – August 6, 2020 – Generation Mining Limited (TSX:GENM) (“Gen
Mining” or the “Company”) is pleased to announce the preliminary results from its SPARTAN
Magnetotelluric (“MT”) survey over a portion of the Marathon Deposit resource including the
W Horizon and structures to the west of the deposit which are believed to have provided a
favourable environment for enriched palladium mineralization. Analysis of the MT data has
identified one prospective target which consists of a discrete, previously undrilled, conductive
MT anomaly situated at a vertical depth of approximately 650 meters downdip and immediately
west of the Marathon Palladium Copper Deposit (Figure 1). The anomaly is at a depth beyond
the depth penetration capabilities of a preexisting airborne electromagnetic survey of this area
(completed by a previous operator) and most importantly the anomaly is more conductive than
Marathon Palladium Copper deposit mineralization. Consequently, the anomaly constitutes a
high priority drill target given its coincidence with the presumed down dip extension of the
Marathon Series Gabbros which constitute the feeder zones to, and are the host of, PGM-Cu
mineralization at the Marathon Deposit.

 

 

 

 

Grid Metals Adds to Technical Team and Makes Grants Under New Equity Incentive Plan

TORONTO ON / ACCESSWIRE / February 27, 2020 / The Board of Directors of Grid Metals Corp. (TSXV:GRDM) (“Grid ” or the “Company”) is pleased to announce that the Company has entered into a geophysical contract with Quantec Geoscience Limited to complete a Spartan magnetotelluric survey at its East Bull Lake palladium property located 80 km west of Sudbury, Ontario. The survey is being designed to delineate drill targets associated with favourable rock types and potential feeder structures. The survey is currently planned to commence in mid March and will take approximately 4-6 weeks. The Company will announce a timetable for drilling to follow.

Visit our Pavilion 1323 at the PDAC March 1 to 4, 2020

Quantec is celebrating 20 Years of supplying Deep Earth Imaging to the mining industry.

Our full team of experts will be there to answer questions about how our leading imaging technologies can help your exploration efforts.

Dec 3 – 6, 2019

Visit our booth #659, to discuss your exploration targeting. Ben St-Onge, geoscientist and Rob Gordon, geophysicist will be on hand.

(Sept 16-20)

Robert Gordon recently presented “Emerging deep penetrating technologies for Exploring under cover”.

Visit “Reference” section on website to download the presentation and abstract.