|Delayed - 01/15 11:01:35 am|
Adamera Minerals : and Hochschild Complete IP Survey on Cooke Mountain Gold Project
|11/11/2020 | 11:38am|
The data is currently being modeled with interpretations expected to be completed in two weeks. The results will be used to better define existing targets and to identify new 'blind'targets for drilling. Oversight,Lamefoot South gold projects located in the Republic mining camp of
IP is a geophysical technique known to be ideal for detecting sulphides that are associated with gold deposits in the district. The type of electrode array and the transmitter performance determine the depth that the system can effectively detect potential orebodies. Joint venture partner HOC is funding new surveys to look deeper in order to identify sources for Adamera's multiple gold discoveries and to identify entirely new targets.
The 34 line km IP survey has been completed. The data is currently being modelled using inversion software. The survey was designed to penetrate to a vertical depth of 200 metres, deeper than previous surveys which had targeted a shallower effective depth of 75-150 metres.
'A preliminary review of the data confirms we are seeing targets below those identified previously as well as responses indicative of entirely new targets. The Company will report on these targets in late November. The modelled IP data will be incorporated with other datasets to establish a drilling target roster,' says
The Company recently announced the acquisition of Buckhorn 2.0 and changes to its' Board of Directors and Advsors.
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