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Belmont Resources Completes 3DIP Survey on A-J Lode Gold Project, Greenwood Mining Camp, Southern British Columbia
VANCOUVER, BC / ACCESSWIRE / November 5, 2020 / Belmont Resources Ltd. (TSXV:BEA) (FRA:L3L2) is pleased to report that it has been informed by SJ Geophysics tha
About this update from Belmont Resources Inc.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / November 5, 2020 / Belmont Resources Ltd. (TSXV:BEA) (FRA:L3L2) is pleased to report that it has been informed by SJ Geophysics that they have now completed their Volterra 3DIP survey on the Athelstan-Jackpot (A-J) gold project in Southern British Columbia. SJ Geophysics is currently processing the IP Data and will provide Belmont with 3D DC Resistivity/Induced Polarization (3DIP) models next week. The results of the 3DIP survey will be correlated with the results from the recent LIDAR and Airborne magnetic surveys as well as extensive geological mapping to delineate quality drill targets. Belmont is currently awaiting approval of a 5 year work program permit which will enable it to proceed with drilling once the drill targets are defined. Watch 3D Video Belmont President & CEO George Sookochoff commented, \"We are certainly excited about receiving the 3D IP results shortly. We have completed all surface exploration work on the A-J property and the 3D IP data will allow us to look beneath the Athelstan & Jackpot mines as well as the extensive gold mineralization at surface.\" Known gold mineralization on the property is primarily hosted within listwanite which has been emplaced along deep-seated low-angle north-dipping faults. These deep faults, along with later, steep fault zones, provide pathways for later intrusive emplacement and for mineralizing fluids. The distribution of the two mines as well as the historic exploration pits and a recent airborne magnetic survey, indicates two separate trends of mineralization, intersecting near the J-34 zone and near the easternmost surface expression of a granodiorite intrusive. A-J IP Survey Grid over Geology East-West A-J Mineralized Gold Trend This mineralized trend includes the two past producing Athelstan and Jackpot gold mines which collectively produced 7,000 ozs Au & 9,000 ozs Ag (Minfile 082ESE047). The two mines and at least 9 known gold mineralized zones extending over an approximate area of 240 by 1,000 metres are associated with listwanite. The A-J Group was one of the most productive gold mines in the area. North-South Contact Mineralized Gold Trend Listwanite-hosted gold-bearing massive sulfide mineralization occurs at the J-34 zone, 50 m east of a granodiorite intrusive contact which is interpreted to underlie the shallow north-d...