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Conquest Resumes Drilling and Completes Mobile Airborne Magnetotelluric Survey
Toronto, Ontario--(Newsfile Corp. - August 18, 2021) - Conquest Resources Limited (TSXV: CQR)...
About this update from Conquest Resources Limited
[{"type":"text","content":"Conquest Resumes Drilling and Completes Mobile Airborne Magnetotelluric SurveyToronto, Ontario--(Newsfile Corp. - August 18, 2021) - Conquest Resources Limited (TSXV: CQR) (\"Conquest\") has resumed drilling on the Belfast-TeckMag Project following a scheduled two-week break for drill crews. Thirteen holes were completed in the initial six weeks which tested 13 of the 33 geophysical targets generated from the recently completed VTEM Max EM and magnetic surveys along with ground gravity surveys performed during the past winter and spring (fig 1).Sulphide mineralization was encountered in most of the holes close to or at projected target depth. Three of the holes intersected semi-massive to massive sulphides comprised of pyrrhotite, pyrite, and minor chalcopyrite in the form of disseminations, sulphidic horizons, and breccia units representing conductors in six of the exploration holes. Two holes contained conductive metasediments, while another two targets tested remain unexplained as to the source of the anomaly. Assay laboratories have been backed up and turnaround time remains at 6 weeks or more. Bore hole EM may be performed on holes of interest when full assays are received and rock chemistry is available. A more detailed description of drill holes will be released when all data is collected. Figure 1 - Drill Targets on the Belfast Copper ProjectTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/7183/93463_105d975cc4513a5d_002full.jpgCompleted Drill HolesTo view an enhanced version of this table, please visit:https://orders.newsfilecorp.com/files/7183/93463_table1.jpgAirborne MobileMT SurveyA 155-line kilometer Airborne Mobile Magnetotelluric survey was completed in conjunction with Inventus Mining Corp. to assess ground resistivity on a 64 square kilometer block of claims which included Conquest's recent acquisition of DGC leases from Teck Resources (fig 2). The area is the central location of the Temagami magnetic and gravity anomaly. The color contoured image of the deep regional resistivity distribution from the Mobile MT survey reveals a large low resistivity region or \"footprint\" in the central part of Afton Township. This location coincides with the gravity high and trend exhibited in the regional gravity station data as illustrated by the gravity contours (1-7 mgals).To the ...