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JIMINEX COMPLETES AIRBORNE SURVEY AND ADDS CLAIMS AT SNOW LAKE, MANITOBA
JIMINEX COMPLETES AIRBORNE SURVEY AND ADDS CLAIMS AT SNOW LAKE, MANITOBA
About this update from Hudbay Minerals Inc
[{"type":"text","content":"\nJIMINEX COMPLETES AIRBORNE SURVEY AND ADDS CLAIMS AT SNOW LAKE, MANITOBA\n\n\n Feb. 25, 2010 (TheNewswire.ca) -- February 25, 2010 - Pass Lake, Ontario - James R. B. Parres, President & CEO of Jiminex Inc. (TSXV:JIM) is pleased to report that Geotech Ltd. has finished flying the Mega Versatile Time Domain Electromagnetic ( Mega VTEM35) and high sensitivity cesium magnetic state-of-the-art airborne geophysical survey system over the Parres and Parres Two properties. The Company also added 7.4 square km to the Parres Two Property. A total of 806 km of survey line were flown with resulting maps expected within a week. Jiminex will be engaging the services of a consulting geophysicist, with Snow Lake and VTEM experience, to pick and prioritize the anomalies detected by the survey as soon as possible. Rodren Drilling Ltd., West St. Paul, Manitoba has been contracted to diamond drill the Mega VTEM35 anomalies, the drilling anticipated to begin early in the second quarter.The Mega VTEM35 airborne geophysical system can detect conductive geological zones such as copper-zinc sulfide mineralized rock to depths of 500 to 600 metres, or even deeper depending on the geological characteristics of the survey region. The accurate positioning of anomalies detected by this system means that, if the Mega VTEM35 anomalies are well-defined, ground follow-up line cutting and geophysical surveys are not required. This will result in substantial exploration cost savings. Using a geographic positioning system (GPS), drilling can proceed directly using the survey anomaly GPS co-ordinates to accurately locate the Mega VTEM35 targets zones and the required diamond drill hole locations on the ground.The new claims were staked adjoining the Parres Two property on its north boundary and covering a portion of the original claims over flown to the north by the Mega VTEM35 survey. The preliminary results of the survey indicate a long conductive zone which crosses a part of the new claims. The Parres Two property is now about double its original size totaling 14.4 square km in area. A map showing the present sizes and locations of the Company's land holdings at Snow Lake, Manitoba will be put on the web site www.jiminex.com .Jiminex Inc. will be exhibiting in the upcoming Investors Syndicate at the Prospectors and Developers Association of Canada International ...