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Central Timmins Exploration Corp. MMI - MAG Survey Models as a Potential Kimberlite Pipe In Bonar Township 90km North of Chapleau, Ontario
Central Timmins Exploration Corp. MMI - MAG Survey Models as a Potential Kimberlite Pipe I...
About this update from P2 Gold Inc.
[{"type":"text","content":"\n\n\n\nCentral Timmins Exploration Corp. MMI - MAG Survey Models as a Potential Kimberlite Pipe In Bonar Township 90km North of Chapleau, Ontario\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Nov. 18, 2019\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES./\n TORONTO, Nov. 18, 2019 /CNW/ - Central Timmins Exploration Corp. (\"CTEC\" or the \"Company\") (TSXV: CTEC) is pleased to announce a potential Kimberlite Pipe identified in Bonar Township near Chapleau 160km west of Timmins, Ontario. This was a pleasant surprise as CTEC was evaluating 2 Mag anomalies located about 1 km apart for Cu Zn. Based on a follow-up, detailed helicopter Mag survey both Mag anomalies model as steeply dipping pipes. Review of the CTEC MMI results indicates that one anomaly has a unique, very anomalous rare earth MMI response modelled as per a SGS MMI template of the diamond bearing C14 kimberlite located 20km NE of Kirkland Lake, Ontario – See attached Bonar maps and chart of CTEC MMI data vs. SGS MMI data over C14 kimberlite.\nCTEC's exploration path to evaluating the 2 Mag anomalies in Bonar Township was as follows:\nThe Chapleau area of the Kapuskasing Structural Zone (KSZ) was sampled by Operation Treasure Hunt for diamond indicator minerals in 2001; as part of a multi-year regional geochem program; G9 and G10 diamond indicator minerals were found. (OGS Open File Report 6063) In 2002 the Ontario Government funded a regional airborne aeromagnetic survey of the Chapleau Uplift portion of the KSZ; 2 of the most interesting Mag anomalies were located in Bonar Township. A Timmins prospector staked the 2 Mag anomalies and then funded a low-level Helicopter Mag /EM survey in 2003. Both Mag anomalies model as steeply dipping pipes with core areas, 6ha and 10ha respectively. Claims came open in 2007 – Claim Post Resources (CPS) staked the claims, completed a 180 sample MMI program ...