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HoneyBadger Employs New Airborne Technology on its Nevada Copper Property; Identifies Significant Potential for Copper Deposits; Expands Key Land Position
TORONTO, April 6 /CNW/ - HoneyBadger Exploration (TUF:TSX-V)("HoneyBadger" or "the Company") anno...
About this update from Honey Badger Silver Inc.
[{"type":"text","content":"\n\n\n\nTORONTO, April 6 /CNW/ - HoneyBadger Exploration\n(TUF:TSX-V)("HoneyBadger" or "the Company") announces it has completed an\nextensive airborne geophysical survey over its Blackjack and Roulette\nProperties in the Yerington Copper District of Western Nevada. The survey\nutilized Geotech Ltd's newest Audio-Frequency Magnetics - Passive\nElectromagnetic System technology - AirMt(P).\n\n\nThis is the first commercial application of this airborne technology.\nResults indicate significant potential for high-grade copper skarns and\nporphyry copper deposits on HoneyBadger's Properties.\n\n\nSignificant Structures Identified\n\n\nThe AirMt(P) survey was conducted over a significant area, covering the\nCompany's Properties as well as past producing mines and known porphyry copper\nand copper oxide deposits in the immediate area; including the Ann Mason and\nMacArthur deposits, the Gallagher, Blue Hills and MacArthur North Porphyry\ntargets (porphyries), the MacArthur and Blue Hills oxide copper\ndeposits/targets and the Ludwig, Douglas Hill and Casting Copper (skarns).\n\n\nInitial interpretations indicate that the AirMt(P) system has not only\ndefined known copper porphyry deposits, but has been able to differentiate\nassociated rock types and alteration as well. The signatures and structures of\nthe defined and known deposits mirror several strong anomalous responses on\nHoneyBadger's Property and are interpreted to represent skarn and porphyry\nmineralization.\n\n\nAirborne Results Validate the Copper Geological Model\n\n\nThe geological porphyry copper model of the Yerington District was\ncomplied and published by Dilles and Proffett in 1995, well known researchers\nwith a long history in the Yerington district (Arizona Geological Society\nDigest 20, p. 306). This model has tremendous applications to any exploration\nwork that is carried out in the district.\n\n\nOf critical importance is what the model illustrates. It shows the\nstructural reconstruction of the district (restoration of un-faulted and\nun-rotated views of the Yerington Copper District). Their reconstruction\ndocuments the presence of four separate "swarms" of porphyry-igneous dikes and\n"cupolas" - environments that contain copper mineralization. The model shows\nhow these centers of mineralization have been dismembere...