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Serengeti Identifies Two Prospective Targets on the UDS Property, Kemess Mine Area
(via Thenewswire.ca) Vancouver, B.C. / TNW-ACCESSWIRE / September 29, 2014 / Serengeti...
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[{"type":"text","content":"Serengeti Identifies Two Prospective Targets on the UDS Property, Kemess Mine Area(via Thenewswire.ca)\n\n \nVancouver, B.C. / TNW-ACCESSWIRE / September 29, 2014 / Serengeti Resources Inc. (SIR: TSX-V; 34S: FSE) is pleased to report the results of a geological and geochemical reconnaissance exploration program carried out on its 100% owned, UDS property, strategically located adjacent to AuRico Gold's Kemess Mine property. The current program has outlined two large, highly prospective target areas for follow-up induced polarization (IP) geophysics to test for buried porphyry copper-gold deposits.\n\n\n \nThe UDS property is located five kilometers east of AuRico Gold's feasibility-stage, Kemess Underground project, active Kemess East deep exploration drilling program and eight kilometers northeast of the formerly producing Kemess South mine, which produced 3 million oz of gold and more than 700 million lbs of copper over a 12 year mine life. Recently completed field work on Serengeti's UDS property consisting of geological mapping and limited rock, soil and silt geochemistry outlined two principal target areas for further follow-up; the South Valley and August 30 areas.\n\n\n \nThe August 30 target area encompasses a number of copper-mineralized outcrops and several zones of quartz-sericite-pyrite alteration associated with high level felsic dykes at the faulted contact between Black Lake intrusives and Takla volcanics (both host rocks to the copper-gold deposits at Kemess) and overlying Hazelton volcanics. Mineralization consists of chalcopyrite and secondary copper associated with quartz-sulphide and locally magnetite veins. Ten samples collected from this area returned between 0.1% and 0.7% copper. The targeted area has a footprint of 1500 meters by 800 meters and is open into a major overburden covered valley to the north.\n\n\n \nThe South Valley target area, 1.5x3km in extent, lies at the south end of the UDS claim block and spans a major valley bottom. Work to the south by AuRico's predecessor, Northgate Minerals outlined a strong open-ended IP chargeability anomaly associated with quartz-sericite-pyrite alteration, potentially associated with a buried porphyry system. Prior soil sampling, confirmed by Serengeti's recent sampling, outlined a strong copper-zinc-gold anomaly on Serengeti's ground, one km to the north of th...