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Goldseek Resources Completes IP Geophysical Survey at Bonanza (Urban Barry)
October 14, 2020 - TheNewswire - London, Ontario - Goldseek Resources Inc. (CSE:GSK) (CNSX:GSK.CN) ("Goldseek" or the "Company") is pleased to announce the comp
About this update from Abitibi Metals Corp
[{"type":"text","content":"October 14, 2020 - TheNewswire - London, Ontario - Goldseek Resources Inc. (CSE:GSK) (CNSX:GSK.CN) (\"Goldseek\" or the \"Company\") is pleased to announce the completion of an induced polarization (\"IP\") geophysical ground survey on selected targets of 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, while additional anomalies will also be further investigated. Target 1 and the western part of Target 2 have been investigated during this IP survey. The IP surveys were performed over areas where early off-time conductor anomalies were found during a 2018 airborne survey. The third target will be investigated with additional soil sampling and prospecting during a trenching survey to start by the end of the month on Target 1 and 2. Figure 1: Targets After obtaining the IP preliminary results, a trenching program was planned, and the permitting process is currently underway to allow trenching on the different IP anomalies identified. The Company will be trenching over different types of chargeable and conductive anomalies to better define the possible source of the soil anomalies discovered on the Property. Multiples conductive axis were also defined and will be trenched over. Before the trenching, a prospecting program will be conducted to confirm the presence of surface mineralization as defined by the IP survey. The information generated by the prospecting and trenching phases will be used to further define a drill program that will start before the end of the year. Goldseek's President & CEO Jon Deluce states, \"We are encouraged with our targets at Bonanza being further defined through the preliminary IP data. Once we receive the final data and finish our analysis, we will provide a further update on the interpretation of the results and our updated drill targets. This is another piece supporting the strength of our drill targets in Quebec's next major gold camp, with 8.5M oz of resources discovered to date. We look forward to kicking off our maiden drill program before the end of the year.\" The Targets Target 1 and Target 2 are located on a 15km long iron formation that is locally conductive. The iron formation is most likely the source of 2 boulders located approximately 100m outside of the Propert...