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QcX Gold Identifies Multiple High Priority Targets from Magnetics Survey and Completes IP Program
Montreal, Quebec--(Newsfile Corp. - March 24, 2021) -   QcX Gold Corp. (TSXV: QCX) (OTC: ...
About this update from Qcx Gold Corp
[{"type":"text","content":"QcX Gold Identifies Multiple High Priority Targets from Magnetics Survey and Completes IP ProgramMontreal, Quebec--(Newsfile Corp. - March 24, 2021) -  QcX Gold Corp. (TSXV: QCX) (OTC: QCXGF) (FSE: 21MA) (\"QcX\" or the \"Company\") is pleased to announce its targeted Induced Polarisation \"IP\" geophysical program on the Golden Giant Project in James Bay, Québec, has been completed. Data is being analysed and results should be obtained within the coming weeks. The Company is also pleased to share that after conducting a full structural analysis of results from its high-resolution magnetics survey, it has identified several high priority targets on its Golden Giant East and West blocks (\"GGEast\" and \"GGWest\"). These are highlighted below in Figures 1 and 2. Geophysical analysis work will continue with full structural analysis of the Kali East (Golden Giant Project) and Fernet West (Fernet Project) blocks, that were also flown during the same airborne magnetics survey. Aaron Stone, VP Exploration, explains how the team has used a high-resolution magnetic survey coupled with gold samples from last summer's exploration program to locate key gold targets. See brief video https://youtu.be/3jtrfe2L9RcIn total, 25 targets have been identified across GGEast and GGWest. These target areas were generated based on gold occurrences from surface sampling together with the structural architecture that characterises the GGEast and GGWest Areas of Interest as interpreted from magnetic data and available geological constraints (e.g. structural observations and field measurements). All targets warrant follow-up exploration work, with 10 targets (3, 13, 14, 15, 16, 18, 19, 20, 23, 25) marked as high-priority due to the existence of a geophysical anomaly combined with existing gold values found at surface. Magnetics data from the airborne program together with targets areas and major faults can be viewed in Figures 1 and 2, while the full list of generated targets can be seen in Table 1.Aaron Stone, Vice President Exploration of QcX, stated, \"The QcX Gold team is very excited about our upcoming inaugural drill program on the Golden Giant Project. By combining the data from our airborne magnetics program with upcoming IP results and the several gold showings produced last summer, we have armed ourselves with an excellent initial datas...