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InvestmentPitch Media Video Discusses K9 Gold's Mobilization for a VTEM Survey at its Stony Lake Project in Central Newfoundland - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2020) - K9 Gold Corp (TSXV: KNC) (FS...
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[{"type":"text","content":"InvestmentPitch Media Video Discusses K9 Gold's Mobilization for a VTEM Survey at its Stony Lake Project in Central Newfoundland - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - October 7, 2020) - K9 Gold Corp (TSXV: KNC) (FSE: 5GP) has begun mobilization for a VTEM survey at its Stony Lake project. The Stony Lake Project, lies within the Cape Ray/Valentine Lake structural trend in Central Newfoundland, lying parallel to that of New Found Gold's Queensway project, along the prolific Dog Bay Line. Cannot view this video? Visit:http://www.investmentpitch.com/video/1_94q8ejst/K9-Gold-mobilizes-VTEM-survey-on-Stony-Lake-Gold-Project-in-Central-NewfoundlandFor more information, please view the InvestmentPitch Media \"video\" which provides additional information on the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"K9 Gold\" in the search box.The project covers 13,625 hectares and 27 kilometers of favorable trend between Sokoman's Moosehead discovery to the northeast and Marathon's Valentine Lake deposit to the southwest.Geotech Ltd. of Aurora, Ontario will be using its Versatile Time-Domain Electromagnetic (VTEM™ Plus) geophysical system, along with Horizontal Magnetic Gradiometer. This survey will cover the entire property at a 200-metre line spacing and will help to better define, the interpretation of the 2019 airborne magnetometer, radiometrics and VLF-EM survey. That interpretation clearly shows that a significant structural trend crosses onto and continues along the main axis of the Stony Lake East property. The survey will further help to identify resistivity changes related to alteration/intrusive activity/zones of pyrite/gold mineralization, and in turn will define high priority exploration targets in the basement below the Botwood Group.Prior to the 2020 field season, airborne geophysical coverage, with follow-up ground prospecting and sampling, led to the identification of eight areas of highly anomalous to high grade gold mineralization, hosted in a variety of environments, including quartz-feldspar porphyries, reduced sandstones, quartz stockworks and quartz veins. The property hosts both widespread low grade mineralization up to 4.0 grams per tonne gold within the Botwood Formation and high grade veins greater than 4.0 grams per t...