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Conquest Discovers Cu-rich VMS system at the Belfast-TeckMag Project
Toronto, Ontario--(Newsfile Corp. - October 20, 2021) - Conquest Resources Limited (TSXV: CQR...
About this update from Conquest Resources Limited
[{"type":"text","content":"Conquest Discovers Cu-rich VMS system at the Belfast-TeckMag ProjectToronto, Ontario--(Newsfile Corp. - October 20, 2021) - Conquest Resources Limited (TSXV: CQR) (\"Conquest\") is pleased to provide an update on its Phase 2 Drill Program on the Belfast-TeckMag Project.In June 2021, Conquest announced the commencement of a 10,000 m diamond drill program on its 100% owned Belfast-TeckMag Project (Figure 1). To date, sixteen drill holes totaling an aggregate of 5,699 m have been completed that tested a variety of regional targets generated from Conquest's completion and interpretation of Geotech VTEM and regional magnetic surveys (2018, 2021), follow-up ground geophysical surveys, as well as targets generated from reviewing historical data. Assay results have been received for drill holes BC21-02 through to BC21-13, and are reported below. No significant results were returned for drill holes BC21-06, -09, -12, and -13. Geochemically anomalous base metal and gold mineralization was encountered in the majority of the drill holes. Highlights include drill hole BC21-05 that intersected a low-grade copper zone that returned 0.24% Cu over a core length of 26.35 m hosted within a brecciated iron-rich sediment, including 1.35% Cu over 0.5 m, and drill hole BC21-11, located approximately 1 km east of BC21-05, that intersected multiple zones of anomalous copper mineralization from 62.55 m to 248.55 m. Significant gold mineralization was also intersected in BC21-04 that returned 4.55 g/t Au, 0.38% Cu over a core length of 0.35 m, and in drill hole BC21-11 that returned 5.32 g/t Au over 1.15 m (see Tables 1 and 2).Down hole geophysical EM (BHEM) surveys have also been completed in drill holes BC21-02, BC21-05, BC21-11, and BC21-15. The downhole surveys in the BC21-05 to BC21-011 mineralized corridor have detected a widespread area of conductive, sulphide-bearing, source rocks within the Copper bearing horizon extending over an area of >200x200m extending from holes BC21-05 and BC21-11, and over depth intervals of 100 m and 200 m respectively. A detailed target interpretation of the geologic and geophysical data (VTEM, BHEM and vertical gradient magnetics) suggests a follow up drill program targeting the extents of the local West to East trending series of discrete magnetic signatures, which coincide with the location of the newly discovere...