Business
GPM Metals Inc. provides an update of The Walker Gossan Project, Northern Territory, Australia
TORONTO , July 22, 2015 /CNW/ - GPM Metals Inc. (TSXV: GPM) (the "Company" or "GPM") is...
About this update from Gpm Metals Inc.
[{"type":"text","content":"\n\nTORONTO, July 22, 2015 /CNW/ - GPM Metals Inc. (TSXV: GPM) (the \"Company\" or \"GPM\") is pleased to announce that approval for EL 24305 to proceed to grant has been obtained;  enabling  the Company to proceed with exploration on key areas of the Walker Gossan Project (\"WGP\"),  Northern Territory, Australia . The project is a joint venture between the Company and Rio Tinto Exploration PTY Ltd. (see January 27, 2014 press release of the Company available on SEDAR at www.sedar.com). The approvals represent a major milestone for the project as the tenements have been under application for in excess of 40 years following  the identification of favourable and highly anomalous areas in 1972.\n\nThe WGP lies within one of the great metallogenic provinces  of the world. The WGP is located within the Walker Fault Zone,  which was identified by the Northern Territory Geological Society (\"NTGS\") as being the \"hottest untested exploration play in the Northern Territory\" in  a 2004 publication of the NTGS.\n\nhttp://www.nt.gov.au/d/Minerals_Energy/Geoscience/Content/File/Docs/CORE/NTExplnOpportunities.pdf\n\nIncluded within the North Australian Zinc Province; which currently provides 30% of the world zinc production, are a number of significant silver, lead, zinc and copper deposits; including the Mt. Isa, George Fisher, McArthur River, Cannington and Century Mines.\n\nThe Company is currently planning an initial exploration program to commence in September of this year. Work will consist of rock and soil geochemistry, geological mapping and geophysics over key targets for drilling which is currently scheduled to take place in mid  2016.\n\nPatrick Sheridan , CEO of GPM stated \"We are looking delighted to be moving ahead with WGP and look forward to working diligently with our partners for the development of the project and to the benefit of  stakeholders.\"\n\nABOUT GPM METALS INC.\n\nGPM Metals Inc. focuses on acquiring and exploring district scale exploration properties. Currently thetwo main projects are the Company's Walker Gossan Project, NT;  and the Weebigee Gold Project in Sandy Lake, Ontario.\n\nAll scientific and technical information in this press release has been prepared under the supervision of Dan Noone, (Vice President Exploration and a Director of GPM), 
...