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Gaia Metals Corp. Identifies New Targets and Unlocks Potential at Golden Gap, Corvette-FCI Property, James Bay Region, Quebec
VANCOUVER, BC / ACCESSWIRE / April 16, 2020 / Gaia Metals Corp. (the "Company") (TSXV: GMC...
About this update from Germanium Mining Corp.
[{"type":"text","content":"Gaia Metals Corp. Identifies New Targets and Unlocks Potential at Golden Gap, Corvette-FCI Property, James Bay Region, QuebecVANCOUVER, BC / ACCESSWIRE / April 16, 2020 / Gaia Metals Corp. (the \"Company\") (TSXV:GMC)(OTCQB:RGDCF)(FSE:R9G) announces that several significant findings have been made following the re-processing of historical ground geophysical data collected from the Golden Gap area at Corvette-FCI (the \"Property\"), utilizing modern methods and software. The key new findings from the re-processing and interpretation of the dataset indicate:A distinctly different and yet to be drill tested trend of mineralization at Golden Gap, compared to the historical interpretation;Additional strike extensions are present; andAdditional parallel to sub-parallel trends are present.Revised Interpretation of Mineralized Trend and Strike ExtensionsThe original interpretation of data collected in 1998 from an induced polarization and resistivity (\"IP-resistivity\") survey over Golden Gap had outlined a broad anomalous east-west chargeability trend through the drill area. The historical drill area is highlighted by drill hole FCI-07-003, completed in 2007, which returned 10.5 g/t Au over 7m, and was followed-up to the east by seven additional drill holes completed over the 2007, 2010, and 2013 field seasons. The recently completed re-processing has refined this signature, outlining two distinctly separate trends - a primary and more intense trend to the north which strongly correlates to high-grade surface sampling (109 g/t Au and 50 g/t Au), and a less intense southern trend that does not correlate to high-grade surface sampling (see Figure 1).This is significant because the historical follow-up to the 10.5 g/t Au over 7 m drill intersection targeted the southern trend, which does not correlate to the mineralized zone in that drill hole. The new interpretation indicates that the majority of the follow-up drill holes to the 10.5 g/t Au over 7 m intersection did not test the mineralized zone's potential strike extension to the east. This is because these drill holes did not test the northern trend. This includes several of the 2007/10 drill holes and all of the 2013 drill holes (see Figure 1 and Figure 2).In addition, the recent 2019 sampling discovered new gold occurrences in outcrop along strike to the west (West Golden Gap showin...