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Nuinsco Resources Updated Geophysics Compilation Identifies Numerous Drill Targets on Sunbeam Gold Property
TORONTO, ON / ACCESSWIRE / March 10, 2021 / Nuinsco Resources Limited ("Nuinsco" or the "Company") (CSE:NWI) today announced receipt of a detailed geophysical c
About this update from Nuinsco Resources Limited
[{"type":"text","content":" TORONTO, ON / ACCESSWIRE / March 10, 2021 / Nuinsco Resources Limited (\"Nuinsco\" or the \"Company\") (CSE:NWI) today announced receipt of a detailed geophysical compilation and interpretation that has identified target domains for diamond drill testing and further surface exploration and geophysical coverage on its Sunbeam Gold property (\"Sunbeam\" or the \"Property\") near Atikokan in north-western Ontario. The detailed interpretation provides targeting for diamond drilling and further geophysical coverage at Sunbeam that are now being planned. The study, incorporating results from induced polarization and magnetic geophysical surveys conducted in 2018 and 2020, provides greater and more detailed insight regarding mineralized domains and exploration targets. The compilation covers parts of the Sunbeam and the Roy lineaments on the Property, both of which host abundant sites of gold mineralization including the high-grade Sunbeam Gold Mine and remain to be thoroughly evaluated in exploration programs. \"The latest results obtained from ongoing geophysical interpretation provides excellent guidance to further exploration and work programs at the Sunbeam Project,\" said Paul Jones, CEO. \"Chargeability/resistivity results and metal-factor determinations now provide domains of high-priority target areas along 2900m of discontinuously mineralized strike length in the Sunbeam and Roy lineaments for which diamond drilling is recommended. These domains remain open along strike to the east and west and are clearly targets for further expansion of geophysical coverage and follow-up mapping and sampling.\" As reported previously the interpreted anomalous domains are associated with known high-grade gold mineralization at the Sunbeam Mine as well as significant gold mineralization at the Road Zone and the AL198 Zone. At least seven other gold occurrences and numerous gold-anomalous grab samples have been identified or collected from the remaining 25km of prospective, gold-mineralized, lineaments encompassed by the Property. All of this terrane is prime exploration target and remains to be tested with geophysics. The Sunbeam Gold Property encompasses numerous sites of gold mineralization and includes the historic, underground, Sunbeam Mine that operated between 1898 and 1905, as well as the Roy and Pettigrew deposits, and a number of ot...