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Belmont Resources Contracts SJ Geophysics for 3DIP Survey on Athelstan-Jackpot Gold Project, Greenwood Mining Camp, Southern British Columbia
VANCOUVER, BC / ACCESSWIRE / October 20, 2020 / Belmont Resources Ltd. (TSXV:BEA) (FRA:L3L2) is pleased to report that it has contracted SJ Geophysics to undert
About this update from Belmont Resources Inc.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / October 20, 2020 / Belmont Resources Ltd. (TSXV:BEA) (FRA:L3L2) is pleased to report that it has contracted SJ Geophysics to undertake a 3DIP survey on the Athelstan-Jackpot (A-J) gold project in Southern British Columbia. The survey will consist of the acquisition of 3D DC Resistivity/Induced Polarization (3DIP) data utilizing their proprietary Volterra Acquisition system, collectively referred to as a Volterra-3DIP survey and is scheduled to commence on October 25, 2020. 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. A-J Geology Mag Known 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. Listwanite is a key ultramafic rock alteration directly associated with several multi-million ounce gold deposits in Atlin, Bralorne and Barkerville districts of British Columbia as well as the Motherlode District in California. The distribution of numerous historic exploration pits indicates two separate trends of mineralization, intersecting near the J-34 zone and near the easternmost surface expression of a granodiorite intrusive. The East-West ‘A-J' mineralized trend includes two past producing Athelstan and Jackpot gold mines which collectively produced 7,600 ozs Au & 9,000 ozs Ag (Minfile 082ESE047). The A-J Group was one of the most productive gold mines in the area. The second is the North-South ‘Contact' mineralized gold trend. Past trenching and sampling in this trend has identified three mineralized gold zones; J34, J12 & ‘A' Zones. Sampling has returned gold grades as high as 35.2 g/t Au over 3.0 meters (2002 chip sampling). A-J Mineralized Trends Listwanite-hosted gold-bearing massive sulfide mineralization occurs at the J-34 zone, 50 m east of the granodiorite intrusive contact. In 2003, trenching was completed at the J-34 zone by a previous operator, with historic chip samples returning grades of 6.6 g/t Au over a 3.7 m true thickness in one area, and 1.9 g/t Au over 6.8 m true thickness in a second area.1 The J-34 zone is ...