Antwort auf Beitrag Nr.:
42.800.535 von Frickhasserin am 24.02.12
08:57:11Anbei der Kommentar von Grandich zur gestrigen
News:
With a New Resource Estimate Pending, Geologix Heightens Tepal
Project Growth Potential with Geophysical Results
Today Geologix Explorations Inc. (TSX: GIX) announced results from
a property-wide airborne geophysical survey completed late last
year at its 100% owned Tepal Project in Mexico. Results of the
survey have identified multiple new prospective exploration targets
that the Company expects to drill later this year.
Highlights of the survey include:
Seven strong geophysical targets identified throughout project
area
Three priority targets with coincidental gold, copper, silver,
and molybdenum in geochemical or drilling results
Multiple anomalies located within the same structural corridor as
the North, South, and Tizate zones
Follow-up evaluation being conducted over several targets to
delineate priorities for a follow-up drill program
The Tepal project already has a sizable gold and copper resource of
1.6M oz gold and 725M lbs copper in a NI-43-101 Report, and that
resource is being updated (and possibly expanded) to Measured &
Indicated categories in the coming weeks. In the meantime however,
these latest geophysical results could be a positive game-changer
for the project, as they reinforce the project’s growth potential
by offering multiple new highly prospective areas for follow-up
drilling and possible new discovery. It’s also important to
recognize that it was this same type of exploration technique
(geophysics and geochemistry) that lead to the Company’s discovery
of a new zone on the project in 2010, the Tizate Zone, which added
approximately 50M tonnes to the projects resource in 2011.
Three of the latest targets have seen preliminary ground work or
prior drilling that indicated gold and copper mineralization at
surface, and are therefore considered priority drill targets. These
new drill target areas range in size from 3 km by 3 km to 1 km by 1
km and appear to have similar geophysical & geological
characteristics to those identified over the North, South, and
Tizate zones, where in addition to favorable geology and
geochemistry, structural controls intersect, which has proven to be
an important component. All seven of these new areas are being
followed up with detailed soil sampling, mapping, and trenching to
delineate targets in advance of a systematic follow-up drill
program.
As the Company completes the pending new resource estimate and
advances toward pre-feasibility by the end of June, these latest
results give the Tepal project an interesting element of
exploration potential that may have been being overlooked by the
market.