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Conquest Commences Airborne Geophysical Survey at Golden Rose

Conquest Commences Airborne Geophysical Survey at Golden Rose Canada NewsWire TO...

articleConquest Resources LimitedFebruary 20, 20183/company/conquest-resources-ltd/news/conquest-commences-airborne-geophysical-survey-at-golden-rose
Conquest Commences Airborne Geophysical Survey at Golden Rose

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[{"type":"text","content":"\n\n\n\nConquest Commences Airborne Geophysical Survey at Golden Rose\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Feb. 20, 2018\n\n\n\nTORONTO, Feb. 20, 2018 /CNW/ - Conquest Resources Limited (TSX-V: \"CQR\") (\"Conquest\" or the \"Company\") reports that the Company has commenced a high-resolution, property-scale, airborne geophysical survey on its Golden Rose property.\n\n\n \n \n\n \nThe airborne geophysical survey is being flown under contract by Geotech Limited, using helicopter-borne horizontal magnetic gradiometer and variable time-domain electromagnetic (\"VTEM\") instrumentation.  The survey has been specifically designed for sub-vertically oriented geology and faulting of the Archean basement stratigraphy that underlies Conquest's Golden Rose property that is host to the former Golden Rose gold mine.\n\nConquest's survey will collect horizontally oriented magnetic data which can be utilized to interpret sub-vertical bedrock geology to assist drill hole targeting in Conquest's upcoming drill program.\n\nWith the addition of VTEM data to the horizontal magnetic data, zones of conductance and resistivity will be layered into the geological model for use in drill hole targeting for gold mineralization across the strike of the two prospective banded iron formations which transect the width of the Golden Rose property.  The Company's interpretation of the new airborne geophysical data will include inversion techniques used to model three-dimensional geology solids for use in Conquest's target model of the property.\n\nEXPLORATION UPDATE \n\nConquest's exploration strategy for the Golden Rose property targets gold mineralization in Algoman-type banded iron formations and Archean-aged greenstone volcanics in search of orogenic gold deposits at three distinct scales: mine, property and regional scales.\n\nRelogging of drill core is underway and is expected to provide valuable information into the new geological model with respect to the interpretation of stratigraphic controls, the structural setting and alteration geochem...

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