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Aruma provides Exploration Update

Aruma provides Exploration Update

Aruma provides Exploration Update – Slate Dam and Beowulf drill targets generated from results of highly successful high resolution airborne electromagnetic (AEM) survey Aruma recently completed a detailed and comprehensive airborne Electromagnetic survey (AEM) over the Slate Dame and Beowulf project areas (ASX announcement, 27 March 2019). The results of which were highly encouraging and have helped the Company to identify and define a total of 18 priority drill targets, which it plans to systemically drill. Read the full announcement...
Altan Nevada identifies Pumpkin Hollow Strike Extension Targets

Altan Nevada identifies Pumpkin Hollow Strike Extension Targets

Altan Nevada Minerals Ltd (Altan) is pleased to announce the results of its recent IP survey combined with ground magnetic interpretation to identify high value targets directly along strike from the Pumkin Hollow Copper project. Highlights  3D IP/resistivity survey processing and interpretation complete  Magnetic and IP targets identified along strike from the Pumpkin Hollow Cu, Au, Ag deposits  High priority drill targets identified beneath untested copper, gold and silver surface geochemical anomalies Read the full announcement from Altan Nevada Minerals...
Outstanding IP results confirm new priority drill targets at Colson Cobalt‐Copper project

Outstanding IP results confirm new priority drill targets at Colson Cobalt‐Copper project

Strong IP anomalies coincide with 1.3km long trend of anomalous soil samples assaying up to 0.11% Co at the Long Tom Prospect Exceptional results from Phase 2 of IP surveying delineate several strong IP anomalies located immediately west of the area targeted in the maiden 2018 drilling campaign A new, very strong, 750m x 750m IP anomaly coincides with soil samples that returned assays up to 0.11% cobalt at the Long Tom Prospect Several other strong IP anomalies confirm the Long Tom Prospect as the highest priority drill target The very strong, undrilled “Salmon Canyon IP Anomaly” confirmed and refined during Phase 2 of IP surveying Permits to undertake first ever drill testing of the very high‐priority Long Tom Prospect and Salmon Canyon IP Anomaly expected in Q1 2019 with drilling to commence immediately thereafter The Long Tom and Salmon Canyon IP anomalies are both stronger than the IP response delineated over the Salmon Canyon Deposit that was targeted in drilling last year The maiden 2018 drill program confirmed that significant cobalt‐copper mineralisation is closely associated with IP anomalism and stronger IP anomalies are likely to be associated with thicker and/or higher grade mineralisation; and Commercial terms to complete the acquisition of 100% of the Salmon Canyon Deposit revised Read the full announcement from New World Cobalt Limited...
New geophysics? Or bad geophysics? How to not be fooled.

New geophysics? Or bad geophysics? How to not be fooled.

Misguided scientists erroneously think they have found ways to bend or ignore scientific principles, and in some cases unscrupulous tricksters are willing to sell a bogus product to an exploration market desperate for competitive advantage. Geophysics thrives on innovation. New science should be actively encouraged. But many millions of exploration dollars are wasted, and much damage is done to the business of exploration and the reputation of geophysics, by ineffective or bogus techniques. This document was created to give some guidelines to geologists interested in innovative methods, but wary of wasting money conducting useless surveys and drilling holes in the wrong places. Hallmarks of voodoo geophysics There are six factors that can be used to analyze a suspect system (adapted from Hodges, 20051). The better these factors fit, the more concerned one should be that the geophysics is not valid. No single parameter described below proves that a system should not be trusted, but the more it matches any of these parameters, the more cautious one should be… Read the full article...
Blackstone Identifies Large Copper, Gold and Cobalt Targets at Little Gem

Blackstone Identifies Large Copper, Gold and Cobalt Targets at Little Gem

Blackstone Minerals Limited (ASX: BSX) is pleased to announce results from phase two of the recently completed IP survey at the Jewel Copper-Gold-Cobalt Prospect in British Columbia, Canada. The IP survey has identified new IP chargeability and resistivity anomalies which are significantly larger and stronger than the anomalies from the first phase and all exhibit chargeability and resistivity signatures typical of sulfide bearing bodies. Blackstone’s Managing Director commented; “Our second phase of IP survey results have identified large-scale targets at the Jewel Copper-Gold-Cobalt Prospect. The Jewel mine was a very high grade mine in the late-1930’s with average grades of 73 g/t gold, 8g/t silver and 0.4% copper and high grades of up to 153g/t gold, 137g/t silver and 19.2% copper. Our field work indicates Jewel is associated with anomalous Cobalt mineralisation and with the recent Erebor Cobalt-Gold discovery nearby the Little Gem project is shaping up to be a world class Cobalt district. The Petrophysical analysis we completed on core samples from Little Gem indicate the sulfide alteration associated with the cobalt and gold mineralisation at Little Gem has a high IP response. These IP/ resistivity surveys have highlighted targets that are consistent with the measured response from Little Gem but significantly larger in size.” Read the full announcement from Blackstone...