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Casa Minerals Inc Announces Five VMS Targets on its Arsenault Property Identified by Airborne VTEM(TM) Survey and Company Stock Now Trades on German / Frankfurt Stock Exchange
VANCOUVER, BC / ACCESSWIRE / December 4, 2018 / Casa Minerals Inc. is pleased to announce Ai...
About this update from Casa Minerals, Inc.
[{"type":"text","content":"Casa Minerals Inc Announces Five VMS Targets on its Arsenault Property Identified by Airborne VTEM(TM) Survey and Company Stock Now Trades on German / Frankfurt Stock ExchangeVANCOUVER, BC / ACCESSWIRE / December 4, 2018 / Casa Minerals Inc. is pleased to announce Airborne VTEM™ geophysical survey on its Arsenault property has outlined five VMS targets including the historic Arsenault VMS1 zone. Assayed rock as high as 1.74% copper, gold as high as 0.98 g/t and silver 24.1 g/t, along with copper in soil as high as 0.54% has confirmed the VMS1 zone. The Arsenault property is located 125 km east of Atlin in northern British Columbia. Work in 2017 and 2018 included prospecting, mapping, rock and soil geochemical sampling and a 228 line-km airborne geophysical survey.Apparent resistivity data from an airborne VTEM™ survey confirmed the historic prospect area (VMS-1) and identified four previously unknown target areas (VMS-2, 3, 4 and 5) that were subsequently included in a 2018 field program of sampling and mapping. Figure 1 illustrates the distribution of target areas of low resistivity and copper anomalous areas and Figure 2, rock and soil analyses. Mineralization includes bornite, chalcopyrite and pyrite. Significant gold values accompany the copper. First identified in 1947, Arsenault has been investigated by prospectors and several programs of technical surveys. Casa acquired a 75% interest in the property in 2008 and recently enlarged the land package to 9,672.5 hectares. The Company has applied for a drilling permit.The Arsenault property is a volcanogenic massive sulphide (VMS) prospect situated in metamorphosed volcanic and sedimentary members of the Big Salmon Complex unit of Yukon-Tanana terrane that in Yukon are host to several VMS deposits, including Kudzze Kayah and Wolverine. Locally, mineralization is present in interbedded layers of micaceous and actinolitic schists, quartzites and altered limestone.Listing on Frankfurt Stock ExchangeCasa Minerals Inc. has been accepted for trading on the German / Frankfurt Stock Exchange, ISIN CA14712X1078, WKN A2N8AG, symbol: 0CM. Casa's shares now trade on three international platforms: TSX Venture (Canada), OTC Markets (USA), and Frankfurt (Germany).Casa's President and CEO, Farshad Shirvani, states \"Trading of Casa's shares on international markets allows the Com...