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BWR Exploration Provides Exploration Update for Little Stull Lake Gold Project
TORONTO, ONTARIO--(Marketwired - Nov. 9, 2017) - BWR Exploration Inc. (TSX VENTURE:BWR) ("BWR") is pleased to provide an exploration update, including an initia
About this update from Bwr Exploration Inc.
[{"type":"text","content":"TORONTO, ONTARIO--(Marketwired - Nov. 9, 2017) - BWR Exploration Inc. (TSX VENTURE:BWR) (\"BWR\") is pleased to provide an exploration update, including an initial interpretation of recent airborne survey results on its Little Stull Lake Gold Project, located in Northeastern Manitoba. In addition, BWR has received a high resolution satellite image of the project area. The aeromagnetic survey is a precise map of the entire property, while the satellite image provides a baseline pairing and precise topographic base. As previously announced (August 14, 2017), BWR completed an aeromagnetic geophysical survey over its 20 mining claims and two Mineral Exploration Licenses. BWR's land package covers an aggregate of 388 square kilometers of favorable exploration terrain, tying up most of the Manitoba portion of the Wolf Bay Shear Zone (\"WBSZ\") that has been likened to the Abitibi Greenstone belt of Northeastern Ontario and Northwestern Quebec. The eastern portion of the airborne survey was designed to focus on the historical drilled area referred to as the West Zone, located within Mineral Exploration License (\"MEL\") 1026A with high density (125 m spacing) flight-line airborne coverage over a 14 kilometer strike length. The western portion of the survey covered MEL 426A with less dense (250m spacing) flight line coverage, sufficient for reconnaissance level exploration. The survey once filed with the Manitoba Ministry of Growth and Trade (Mineral division), fulfills the first-year exploration expenditure commitments on the MEL's. The flying was scheduled to minimize impacts on traditional activities in the area. In general terms, the aeromagnetic survey has mapped a complex, banded magnetic unit in the southeast portion of the survey near Little Stull Lake in the vicinity of the historically drilled gold mineralized zones. The total field magnetic anomalies are consistent with a steeply dipping volcanic assemblage, trending in a roughly NW-SE direction, aligned with the WBSZ. The assemblage appears as series of lineaments, one of which appears to be related to the known gold mineralization. Further processing of the magnetic data in the vicinity of the gold zones implies a relationship between the magnetic signature and gold mineralization, however the intensity of the magnetic unit wanes in the mineralized zone. It is felt that thi...