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Goldseek Resources Announces Final IP Results and Preliminary Drill Targets at Bonanza (Urban Barry)
November 3, 2020 - TheNewswire - London, Ontario - Goldseek Resources Inc. (CSE:GSK) (CNSX:GSK.CN) ("Goldseek" or the "Company") is pleased to announce the fina
About this update from Abitibi Metals Corp
[{"type":"text","content":"November 3, 2020 - TheNewswire - London, Ontario - Goldseek Resources Inc. (CSE:GSK) (CNSX:GSK.CN) (\"Goldseek\" or the \"Company\") is pleased to announce the final induced polarization (\"IP\") survey results from the Bonanza property (the \"Property\"). The previously completed soil survey (see news release dated September 16th, 2020) defined 3 main targets on the Bonanza property and two of those targets have been investigated during this IP survey. The IP results have defined surface trenching targets and also preliminary drill targets. Trenching on surface anomalies is currently underway, while drilling is being planned for December on anomalies that don't extend to the surface. Figure 1 shows preliminary drill targets and assessment of additional drill targets is underway. Goldseek's President & CEO Jon Deluce states, \"We are excited to announce our final IP results and preliminary drill targets at Bonanza! The presence of these strong IP targets up ice from the till anomalies (Au, Ag and base metals) make these exciting drill targets for our maiden program which commences next month. Our team is currently on-site conducting trenching and we look forward to providing an update on observations and results once available.\" Figure 1: Current Drill Targets The IP Survey The IP survey on targets 1 and 2 defined conductors that may be associated with the soil anomalies. This has defined a more limited area of investigation for trenching and drilling of a mineralized source. The IP survey consists of approximately 16.7km-line of cut line, including 13.3km-line of grid line and tie lines for the IP survey. The lines orientation is about NE-SW and perpendicular to the iron formation. Target 1 Grid covers four early off-time anomalies and represents 11.3km-line of IP lines and 12.3km-line of cut-line and tie lines. The Target 2 Grid covers two early off-time anomalies and represents 2.0km-line of IP lines and 2.4km-line of cut-line and tie lines. Figure 2: IP Grid ResultsFigure 2a: Chargeability at 35m Figure 2b: Resistivity at 35m A prospecting program and trenching campaign is currently underway to better identify the mineralization that has caused the IP anomalies. The trenching is being conducted to better define the source of the anomaly and will be performed on the most interesting near-surface IP anomalies (Figure 2a a...