Ophir Gold Corp. Announces Results of the 2021 CSAMT Survey, Gold-Silver Zone Projects to North and to Depth at the Breccia Gold Property, Idaho

About this update from Ophir Metals Corp

[{"type":"text","content":"Ophir Gold Corp. Announces Results of the 2021 CSAMT Survey, Gold-Silver Zone Projects to North and to Depth at the Breccia Gold Property, IdahoVancouver, British Columbia--(Newsfile Corp. - March 15, 2022) - Ophir Gold Corp. (TSXV: OPHR) (FSE: 80M) (OTCQB: KPZIF) (\"Ophir\" or the \"Company\") is pleased to announce results of a Controlled Source Audio Magneto-Telluric (\"CSAMT\") geophysical survey completed at the Company's Breccia Gold-Silver Property (the \"Property\"), located about 40 km southwest of Salmon, Idaho. The survey, which was completed during October and November 2021 by TMC Geophysics, consisted of 15 lines at 200 m spacing, with 50 m station spacings along lines, for a total of 533 stations.The CSAMT survey identified a prominent northwest-southeast trending resistive feature to the east, in contrast to a very low resistive unit which dominates the western portion of the Property (Figures 1 and 2). The data highlighted a zone of resistivity anomalies that extend across much of the Property, and which are associated with extensive faulting and/or geologic contacts. This extensive zone of resistivity anomalies corresponds to the high-grade gold and silver mineralization identified in drill core (Table 1), surface rocks, and soil samples. Highlights include:Zone of anomalous CSAMT data is complex (100 - 200 ohm-m) and extends across the Property,Breccia Zone may correlate with 300-500 ohm-m range,Near vertical component locally exceeds 500 metres,A series of northerly striking faults are associated with the anomalous CSAMT data, and Large resistivity anomalies (> 1000 ohm-m) at depth may represent a buried intrusive system.Company CEO Shawn Wescott commented: \"We are very excited to report results from our CSAMT survey completed in late fall 2021 at the Breccia Gold Property. These results, coupled with those of our maiden drill program, provide strong evidence of an extensive hydrothermal breccia system. Surface and initial drill exploration confirms strong precious metal mineralization exists from surface to a couple hundred metres depth. The mineralization thus far observed appears restricted to a specific range of resistivities, which suggests a very robust mineralized system, and provides the basis for continued exploration. I look forward to the commencement of our follow-up drill progra...

More updates from Ophir Metals Corp