Business
Go Metals Completes Exploration Program at Monster
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2019) - Go Metals Mining Corp. (CNSX: GOCO) ("Go Metals" and/or the "Company") is pleased to update rega
About this update from Go Metals Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - July 29, 2019) - Go Metals Mining Corp. (CNSX: GOCO) (\"Go Metals\" and/or the \"Company\") is pleased to update regarding exploration on the 100% Go Metals owned Copper Cobalt IOCG Monster Project (\"Property\") in the Yukon, Canada within the traditional territory of the Tr'ondëk Hwëch'in First Nation. Go Metals reports the following: Highlights: Program executed on time and on budget Multiple new copper cobalt mineralized outcrops identified with results pending Alteration mapping and sampling confirms potential for a large IOCG style system Preliminary resistivity and IP geophysical anomalies show relationship with surface mineralization Data processing, analysis and interpretation is underway New copper cobalt showing near the Bloom Target at the Monster Property Program Update Go Metals is pleased to report that it has completed its program on time and within budget. The Company is currently planning a late summer follow-up program including trenching and soil work over the Bloom target. Alteration Alteration mapping highlights the IOCG potential on the claim evident through the discovery of several new copper surface showings. Large areas surrounding the Bloom and beast target showed increasing alteration towards their respective centre. Induced Polarization / Resistivity The resistivity/IP survey yielded 7 lines of high-quality data that are currently being interpreted. At the Bloom target area, mineralization appears associated within areas of low resistivity and both high and low chargeability. The recently identified Beast target area appears to be underlain by an encouraging resistivity low and chargeability high which is also correlated to magnetic and gravity high making it a first order priority. Gravity Go Metals measured 915 new ground gravity stations adding to the 539 historical gravity stations. Both data sets will be integrated and processed. Drone A drone survey was completed to aid both the alteration mapping with a photogrammetry model and to process the gravity survey with a high resolution (~10-15 cm) digital elevation model. Context: The Monster Property is a large 100% owned copper cobalt IOCG property in Yukon, Canada. The mineralization of the Monster Property is hosted within hematitic breccias. Some of the largest copper deposits in the world are IOC...