Business
Inventus Mining Identifies Extensive Sudbury Breccia Belt and Exotic Mafic Dykes on Its Sudbury 2.0 Property
TORONTO, March 05, 2019 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSX VENTURE: IVS) (“Inventus” or the “Company”) is pleased to provide an update about explora
About this update from Inventus Mining Corp.
[{"type":"text","content":" TORONTO, March 05, 2019 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSX VENTURE: IVS) (“Inventus” or the “Company”) is pleased to provide an update about exploration activities on its 100% owned Sudbury 2.0 property (the “Property”) located northeast of Sudbury, Ontario. During the 2018 field season, Inventus discovered and mapped a contiguous belt of Sudbury breccia over a distance of 14 km with potential to extend it over 30 km. The breccia belt is located above the Temagami Magnetic Anomaly and further validates the Sudbury 2.0 exploration concept. Inventus plans to explore the breccia belt in greater detail and compare it to Sudbury’s South Range Breccia Belt that hosts the Frood-Stobie deposit. Additionally, Inventus has also found two exotic mafic dykes on the Property. The mafic dykes have different lithological and geochemical characteristics to any known intrusive rocks in the regional area. The two mafic dykes are being studied in detail to determine their geological relationship to both the Temagami Magnetic Anomaly and Sudbury Igneous Complex (SIC). With the identification of unexplored Sudbury-type geology found on surface, a stronger geological connection has now been made between the Temagami Magnetic Anomaly and the Sudbury Basin. These new findings suggest there is good exploration potential for magmatic Ni-Cu-Pt-Pd mineralization and associated hydrothermal Au-Cu-Co-Ni mineralization over a large area of the Property. Sudbury Breccia Belt Geological mapping during the 2018 field season lead to the discovery of a previously unrecognized 14 km belt of Sudbury breccia. The breccia belt, named the Laundry Lake Breccia Belt (LLBB), occurs above the western peak of the Temagami Magnetic Anomaly and along a regional gravity discontinuity, suggesting the breccia belt was emplaced along a major regional structure (see Figure 1 for the location of the breccia belt with total gravity and magnetic maps). The LLBB was found to contain a variety of different rock types as inclusions, with at least two different exotic mafic rock types of an unknown origin. The variety of rock types differing from the surrounding geology suggests that the breccia clasts were transported significant distances. This is an uncommon occurrence in the region and demonstrates similarities with both the South Range Breccia Belt (SRBB) an...