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Gitennes' high-resolution ground magnetometer survey successfully delineates gold bearing structure at Snowbird High Grade Gold Project
(via TheNewswire) - 2.5 kilometre gold bearing structural corridor and alteration zone del...
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[{"type":"text","content":"Gitennes' high-resolution ground magnetometer survey successfully delineates gold bearing structure at Snowbird High Grade Gold Project(via TheNewswire)\n\n \n- 2.5 kilometre gold bearing structural corridor and alteration zone delineated by high resolution magnetometer survey\n\n \n \nVancouver, British Columbia / TheNewswire / October 3, 2017 - Gitennes Exploration Inc. (\"Gitennes\" or the \"Company\") provides results from the interpretation of its recently completed high resolution, ground magnetometer survey at the Snowbird High Grade Gold Project, located in north central BC. The geophysical survey has successfully delineated a 2.5 kilometre long, strong magnetic low feature known to be directly related to high grade gold mineralization located on the Property (see figure below). The Snowbird project is accessible year round via paved and dirt roads and sits at a relatively low elevation with moderate relief (not exceeding 190 metres) allowing access to all parts of the property and enabling cost effective diamond drilling programmes year round. \n\n \n \nThe ground geophysical work was carried out to define the magnetic response of the Mariposite Alteration Zone (\"MAZ\"). Field work has confirmed that the historically identified MAZ is a carbonate-silica altered serpentinite - a rock type known as listwanite - a key association with several multi-million ounce gold deposits in the western Cordillera such as Bralorne in B.C. and the Motherlode District in California. The review of historical drilling has shown that nearly all significant gold intercepts have been contained, or immediately adjacent to, the listwanite unit. Gitennes' work confirms that listwanite occurs at several locations over the entire length of the 2.5 kilometre gold bearing structure as well as approximately 1.5 kilometres to the northwest of the north end of the structure. Future work will focus on the definition of gold intercepts within the listwanite.\n\n \n \nA total of 50 line kilometres of magnetometer data have been collected and processed. The results from the survey clearly define the main structural corridor and MAZ for over 2.5 kilometres as a prominent, northwest-southeast trending, generally linear, magnetic low feature with widths varying from 25 metres up to approximately 150 metres (see figure below). The survey also delineates a nor...