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Delrey Metals Commences Airborne Magnetic Geophysical Surveys on Its BC Vanadium Projects
Vancouver, British Columbia--(Newsfile Corp. - March 25, 2019) - DELREY METALS CORP. (CSE: DLRY) (FSE: 1OZ) (OTC Pink: DLRYF) ("Delrey" or the "Company") is ple
About this update from Carlyle Commodities Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - March 25, 2019) - DELREY METALS CORP. (CSE: DLRY) (FSE: 1OZ) (OTC Pink: DLRYF) (\"Delrey\" or the \"Company\") is pleased to announce that is has commenced a phase I work program consisting of four airborne magnetic geophysical surveys to be flown over the coming weeks on its 100% wholly-owned Blackie, Porcher, Star and Peneece projects located near Prince Rupert, and Port Hardy British Columbia. The Company will oversee the completion of four individual surveys covering a combined 9482.56-hectares. The survey blocks will be flown in a systematic low-level grid pattern at 150-meter line spacing. The properties are all prospective for vanadium-bearing massive titaniferous magnetite and the surveys will focus on known mineralized exposures mapped by previous operators with coincident magnetic anomalies identified in the Canada 200m Residual Total Magnetic Field dataset.1 The results from all of these surveys will be used in helping Delrey's technical team plan a phase II work program which will include prospecting and rock sampling over the identified magnetic highs. \"The team is excited to have initiated geophysical surveys on its 100% wholly-owned BC vanadium projects. Delrey expects to receive the survey results within the coming weeks allowing the Company to revert back for its phase II work program which will be conducted in mid- to late-spring. The phase III work program on the properties will ideally take place during the summer months which will include diamond drilling over the highest priority targets,\" commented Morgan Good, Delrey's President and Chief Executive Officer. About Blackie Blackie is a 1213.2-hectare property 100% owned by Delrey located 96km south-southwest of Prince Rupert, British Columbia along tide-water. The property is centered on a large gabbroic body with estimated dimensions of 1.2km x 0.4km x 0.5km hosting iron-titanium-vanadium mineralization within massive titaniferous magnetite with historic bedrock samples assaying as high as 2.14% V205.1 About Porcher Porcher is a 3122.16-hectare property 100% owned by Delrey located 38km south-southwest of Prince Rupert, British Columbia along tide-water. The property is centered on two north-south trending gabbroic dykes (5.2km x 1km and 4km x 0.6km) hosting iron-titanium-vanadium mineralization within massi...