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Results of Airborne Geophysical Surveys
Results of Airborne Geophysical Surveys.
About this update from Fulcrum Metals Plc
[{"type":"text","content":"\n\nFulcrum Metals plc / EPIC: FMET / Market: AIM / Sector: Mining\n \n27 July 2023\n \n \nFulcrum Metals plc\n(\"Fulcrum\" or the \"Company\" or the \"Group\")\n \nResults of Big Bear Extension and Tocheri Lake Airborne Geophysical Surveys\n \nFulcrum Metals plc (LON: FMET), a company focused on mineral exploration and development in Canada, is pleased to provide an update on the results of the recent airborne geophysical surveys at Big Bear, part of the Groups Schreiber-Hemlo project and Tocheri Lake properties, Ontario, Canada.\n \n \nHighlights\n \nBig Bear Property\n· Integration of Fulcrum's newly acquired airborne data with previous magnetic and Electromagnetic (\"EM\") data over the full Big Bear claim block has significantly enhanced the prospectivity of the property.\n· The recent survey identified 250 new geophysical anomalies, of which 54 are designated for priority investigation.\n· The addition of the new survey data to the historical survey data completed by Panther Metals plc in 2020, and taking into account any areas of overlap, the total number of geophysical anomalies have increased by 188 from 253 to 441 and those designated as priority for investigation increased by 33 from 39 to 72 (Figure 1).\n· The infill magnetic mapping, particularly in the area of Schreiber Pyramid gold target, shows a number of magnetic structures that correlate with gold mineralisation in bedrock and soils. These structures could link the gold occurrences and require further field checking (Figure 2).\n· Numerous conductive EM anomalies were identified (Figures 3-5), both localised and more linear features that appear to be linked to banded iron formations (\"BIF\") which could represent gold targets.\n· The results of the airborne survey will be merged with data from the recent mapping and sampling programme reported as soon as assay results are received and assessed (see RNS dated 22 June 2023).\nTocheri Lake Property\n· The survey was particularly aimed at potential Ni-Cu-PGE mineralisation similar to recently discovered mineralisation on the Palladium One property immediately to the west (Tyko etc.) related to a series of mafic/ultramafic feeder dykes.\n· ...