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Airborne Geophysical Exploration Programme Starts
Airborne Geophysical Exploration Programme Starts.
About this update from Fulcrum Metals Plc
[{"type":"text","content":"\n \n \n The information contained within this announcement is deemed by the Company to constitute inside information pursuant to Article 7 of EU Regulation 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 as amended.\n \n \n \n \n \n \n \n \n 16 March 2023\n \n \n \n \n \n \n Fulcrum Metals PLC\n \n (\"Fulcrum\" or the \"Company\" or the \"Group\")\n \n \n \n \n Appointment of Prospectair Geosurveys to Start Airborne Geophysical Exploration\n \n \n Programme at Big Bear & Tocheri Lake, both in Ontario Canada\n \n \n \n \n Fulcrum Metals PLC (AIM:FMET), a company focused on mineral exploration and development in Canada, is pleased to announce the appointment of Prospectair Geosurveys Inc. (\"Prospectair\"), a leader in Airborne Geophysical Exploration, to commence geophysical surveys at the Company's Big Bear property, a subset of the much larger Schreiber-Hemlo project, and Dayohessarah Tocheri Lake property.\n \n \n \n \n \n \n \n Highlights\n \n \n \n · \n Appointment of Prospectair, an industry leader in Airborne Geophysical Exploration.\n \n \n ·Prospectair will acquire magnetic (\"MAG\") and time-domain electromagnetic (\"TDEM\") data using proprietary TDEMsystem called 'ProspecTEM', which was developed for increased resolution of near surface targets (within a 100-150m depth range).\n \n ·The survey is aimed at identifying structures potentially controlling mineralisation and possible direct detection of larger mineral deposits.\n \n ·\n Surveying is expected to commence during May 2023, with final data, modelling, and interpretation expected by the end of June 2023.\n \n \n ·\n Total planned survey distance is 915 line km - Big Bear 683 line km covering four blocks and Tocheri Lake 232 line km covering a single block. Details about the location, line orientation and survey production of the blocks are provided in Table 1 and Figures 1 and 2 below.\n \n \n \n \n \n \n \n Ryan Mee, Chief Executive Officer of Fulcrum Metals, commented:\n \n \n \n \n \"I am pleased to confirm the appointment of Prospectair for the provision of high-quality electro-magnetic and TDEM geophysical surveys at Big Bear and Tocheri Lake comprising of some 915 line kilometres with well proven technology down to a depth of 150 metre...