TORONTO, March 1, 2021 /CNW/ – Orefinders Resources Inc. (“Orefinders” or the “Company”) (TSX.V: ORX) is pleased announce the launch of a deep penetrating ORION SWATH ground-based Geophysical Survey (the “Survey”) on its McGarry Gold Project located to the west of and adjacent to the former Kerr Addison Mine that produced approximately 11 million ounces of gold prior to closing in 1996.

“This sort of property wide survey, combining deep penetrating IP (Induced Polarization) and MT (Magnetotelluric) technologies has never been conducted on the McGarry properties. This approach is aimed at delineating new exploration drilling targets that could lead to new discoveries on a highly perspective project on the Larder-Cadillac Structure,” said Keith Benn, Orefinders Vice President of Exploration.

Technical Detail on the Geophysical Survey

The Company has engaged Quantec Geoscience to carry out their unique combined DCIP (DC Resistivity and Induced Polarization) and MT (magnetotelluric) Geophysical Survey (ORION SWATH Survey) covering the near totality of the McGarry Gold Project. The Survey will employ a broad array of multi channel sensors to gather a very large number of data points for electrical properties in the geological subsurface thus generating a high-resolution data set with coverage to significant depths (induced polarization to approximately 600 – 700 metres depth; MT resistivity to approximately 1500 metres depth). The Survey is expected to wrap up in the first half of April. The resulting data set will allow for high-resolution 3-D modeling of the McGarry Project and the identification and prioritization of drilling targets.

Mr. John Keating reports:

TORONTO, ON / ACCESSWIRE / December 3, 2020 / PJX Resources Inc. (TSXV:PJX) (“PJX”) is pleased to announce the final results from an approximate 33 line-kilometer Titan magnetotelluric (“MT”) ground geophysical survey by Quantec Geoscience over PJX’s DD Property and adjacent Moby Dick and NZOU properties. PJX (50%) and DLP Resources Inc. (“DLP”) (50%) have jointly acquired the mineral rights to the NZOU and Moby Dick Properties. DLP contracted Quantec to do the MT survey as part of DLP’s option agreement to earn an interest in PJX’s DD Property.

John Keating, President and CEO of PJX, commented, “This is very encouraging news. Only 3 holes (Pan18-01-Ex, Irish05-01 and IR07-01) have tested the favourable Sullivan Horizon on the 3 properties. All 3 holes intersected a geological environment that supports the potential for a Sullivan-type deposit. The MT survey has identified a large highly prospective target area that has not been drilled and could host conductive massive sulphide mineralization similar to what occurs at the Sullivan deposit. Figure 5, shows the significant size of the target area in relation to the footprint of the Sullivan deposit. We are pleased that DLP wants to continue with the option to earn an interest in the DD Property and that they plan to drill an additional 10,000 to 12,000 m to test these targets.”

For More info visit https://www.juniorminingnetwork.com/market-data/stock-quote/pjx-resources.html

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.

Target Model

The exploration targets at East Bull Lake include:

• near surface palladium mineralization having average in situ grades that are potentially amenable to open pit mining; and,
• higher-grade, vertically extensive and structurally-controlled palladium mineralization having average in situ grades that are potentially extractable using underground mining methods.

Rationale for the MT Survey

Quantec Geoscience Ltd. is completing the MT survey on the Property using its proprietary Spartan system. The Spartan system has proven effective on properties with similar geology and palladium-rich disseminated sulfide mineralization. This is best demonstrated by the critical role the 2018/19 Spartan MT survey results played in the discovery of the western extension of the PGM Zone on Impala Canada Ltd.’s and Transition Metals Corp.’s Sunday Lake project, located near Thunder Bay, Ontario (see Transition Metals Corp. news release dated April 29, 2019 for details).

Oblique longitudinal section looking to the north showing a 2D inversion of the MT survey resistivity data. Note the significant strike length (>2 km) of anomaly PL-4, a large resistivity low that is interpreted to adhere to the base of the East Bull Lake intrusion and is apparently associated with two vertical structures. Traces for drill holes located within 100 m of either side of the section plane are shown for reference.