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Airborne surveys identifies numerous targets on East Breccia copper-molybdenum-silver property
CALGARY, April 4, 2013 /CNW/ - Boxxer Gold Corp. (TSXV: BXX) (OTC: BXXRF) (" Boxxer " or ...
About this update from Exgen Resources Inc.
[{"type":"text","content":"\n\n\n\n\n\nCALGARY, April 4, 2013 /CNW/ - Boxxer Gold Corp. (TSXV: BXX) (OTC:\n BXXRF) (\"Boxxer\" or the \"Company\") is pleased to announce the results of two airborne surveys completed\n over the East Breccia project by Fugro Airborne Surveys. The East\n Breccia project is located in the Batchawana Greenstone Belt\n approximately 60 kilometres north of Sault Ste Marie, Ontario.  The\n Batchawana Greenstone Belt is located adjacent to the Mid Continent\n Rift, a regional scale structural feature that hosts numerous base and\n precious metal mines in Canada and the United States.  The surveys also\n covered the Tribag and Mountain Breccia mineral claims acquired by\n Boxxer in 2012.\n\n\nThe exploration target for the East Breccia project is Iron Oxide Copper\n Gold (\"IOCG\") style copper-molybdenum-silver hosted within explosive\n breccia pipes similar to that mined at the former Tribag copper mine. \n Boxxer controls approximately 11,300 acres of land surrounding the\n former Tribag copper mine.  Preliminary interpretation of the data has\n yielded the following highlights.\n\n\nHighlights: \na)     The geophysical surveys has identified a 12 kilometer long by 6\n kilometre wide area inside the East Breccia project within which all\n conductivity, magnetic and electromagnetic targets as well as all known\n mineralized breccias occur,\nb)     The surveys suggests that the 9 breccias clustered around the\n former Tribag mine (4 of which are held by Boxxer and 4 of which are\n partially held by Boxxer due to claim line locations) is related to a\n conductive positive magnetic signature, possibly a buried intrusive,\nc)     The electromagnetic survey has indicated 10 targets (4 of which\n coincide with areas of known copper mineralization) within Boxxer\n property, the largest of which measures 3.0 kilometres by 2.5\n kilometres,\nd)     The magnetic survey has identified an interpreted intrusive that\n measures 3.0 kilometres by 3.0 kilometres that exhibits conductivity at\n several frequencies, the Mountain Breccia zone of copper-molybdenum\n mineralization is located on the flank of this interpreted intrusive,\n and\ne)     The combined surveys outlined an area of positive topograph...