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IP Geophysical Survey Planned for River Valley PGM Project and Exploration Update
(via TheNewswire) -Ground IP geophysics planned along the T4 to T9 footwall anomalies. ...
About this update from New Age Metals Inc
[{"type":"text","content":"IP Geophysical Survey Planned for River Valley PGM Project and Exploration Update(via TheNewswire)\n \n \n-Ground IP geophysics planned along the T4 to T9 footwall anomalies. \n\n\n \n-Footwall Platinum Group Mineralization (3EPGM, Pd+Pt+Au) mineralization is a new and additional source of PGM mineralization which will be included in the resource model. \n\n\n \n-Drilling from 2015 to 2017 has confirmed footwall mineralization in the Pine Zone with mineralization extending ~140m east of the original mineralized zone of the River Valley PGM Deposit.\n\n\n \n-Updated NI 43-101 resource calculations with WSP Canada have commenced and will include all the new data on the deposit and the deposits southern extension. This is expected to be completed in Q1-2018.\n\n\n \n-River Valley is the Largest Undeveloped Primary PGM resource in Canada, with 3.9Moz PdEq in Measured Plus Indicated including an additional 1.2Moz PdEq in Inferred.\n\n\n \nVancouver, Canada / TheNewswire / December 15, 2017 - New Age Metals Inc. (TSX.V: NAM; OTCQB: PAWEF; FSE: P7J.F) is pleased to announce it has engaged Abitibi Geophysics of Thunder Bay, Ontario to carry out a ground IP Geophysical Survey over selected portions of the River Valley PGM Project in the Sudbury mining region of Ontario. \n\n\n \nGround IP Geophysics\n\n\n \nApproximately 50 kilometres of grid lines are to be tested in this geophysical survey. The area to be surveyed is the region of the T4 to T9 footwall anomalies (Figure 1). This will focus on the footwall mineralization and additional resource potential. Geophysics and drilling during 2017 confirmed the presence of PGM footwall mineralization (see News Release - Nov 28th, 2017). The geophysical survey being used is a high-resolution OreVision(R) IP survey performed by Abitibi Geophysics. OreVision IP can reveal targets at four times the depth of conventional IP without compromising near-surface resolution. The OreVision IP survey carried out by Abitibi Geophysics during the summer of 2017 (see News Release - June 19th, 2017) was used to guide the 2017 summer drill program. Once the line cutting of the grid is complete, the geophysics will begin. Commencement of the IP geophysical Survey is planned for the later part of 2017 or early 2018. The survey results will be used as a guide in drill targeting planned for early 2018. \n\n\n \n\nC...