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Avidian Commences Drone Magnetic Survey and Helicopter LiDAR Survey at Amanita and Fish Creek Properties near Fairbanks, Alaska
TORONTO, ON / ACCESSWIRE / July 20, 2020 / Avidian Gold Corp. (" Avidian " or the " Company...
About this update from Avidian Gold Corp.
[{"type":"text","content":"Avidian Commences Drone Magnetic Survey and Helicopter LiDAR Survey at Amanita and Fish Creek Properties near Fairbanks, AlaskaTORONTO, ON / ACCESSWIRE / July 20, 2020 / Avidian Gold Corp. (\"Avidian\" or the \"Company\") (TSXV:AVG) is pleased to announce that it has contracted Pioneer Exploration Consultants Ltd. to fly drone magnetic and helicopter LiDAR surveys at the Amanita and Fish Creek properties. Both properties are located proximal to Kinross Gold's (TSX:K) Fort Knox mine and Freegold Ventures Limited (TSX:FVL) Golden Summit project in the Fairbanks Mining District, Alaska, (see Figures 1 & 2 below).Steve Roebuck, President of Avidian states: \"The key to success in discovering Intrusive Related Gold Systems (IRGS) is an understanding of structure which creates the plumbing, and the location of intrusive bodies which bring in the mineralizing fluids. The magnetic and LiDAR surveys provide valuable insight into both of these key elements. We already suspect that the intrusive responsible for the mineralization at Amanita is close to surface. Thin section work on trench samples collected in 2019 identified andalusite and tourmaline development interpreted to be caused by thermal heating rather than regional metamorphism which would suggest the presence of a near-surface intrusive. Data from these state-of-the-art geophysical surveys will further refine our understanding of the location and depth of the interpreted intrusive source and assist greatly in targeting our summer drill program at Amanita.\"The magnetic surveys at Amanita and Fish Creek will be flown at 50 m and 25 m line spacing respectively. The surveys are expected to corroborate the interpretation of concealed intrusive bodies that have been postulated from wide-spaced regional magnetic data. The magnetic survey should also produce vital structural information. The high-resolution LiDAR survey will also provide structural information. The combined data sets will allow Avidian to produce high quality base maps reflecting detailed structural data and orthophotos which will be useful for planning future exploration activities.The line spacing for the magnetic survey at Fish Creek has been decreased to 25 m in an effort to also search for heavy mineral concentrations, which are commonly related to placer gold found in present or ancient stream beds.The Amani...