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BMEX Gold Reviews Dunlop Bay Ground EM Survey Results and Begins Field Campaign
Vancouver, British Columbia--(Newsfile Corp. - July 7, 2022) - BMEX Gold Inc. (TSXV: BMEX) (...
About this update from Route 109 Resources Inc.
[{"type":"text","content":"BMEX Gold Reviews Dunlop Bay Ground EM Survey Results and Begins Field CampaignVancouver, British Columbia--(Newsfile Corp. - July 7, 2022) - BMEX Gold Inc. (TSXV: BMEX) (OTCQB: MRIRF) (FSE: 8M0) (\"BMEX\" or the \"Company\") is pleased to announce the final interpretation of a ground EM survey (Fixed Loop Transient Electro-Magnetic survey or FL-TDEM) performed over the Dunlop Bay Property ('Dunlop Bay\" or the \"Property\") in the Abitibi region, Québec, Canada. This survey aimed to define drilling targets in the vicinity of the Dunlop Bay Ouest showing (also known as Ghislau showing). Three conductivity anomalies (ANO1, ANO2 and ANO3) were identified, forming an East-North-East trending conductive corridor (Figure 1). Robert Pryde, President of BMEX Gold, commented: \"The results from the FL-TDEM survey are very encouraging as they suggest the continuity of the known Dunlop Bay Ouest showing westward. Amongst the three anomalies, ANO1 and ANO2 are strong from early to late time channels and have modelled plates with high conductance which might reflect the presence of massive sulphide bodies. Also, ANO1 was never tested by drilling. I am pleased to announce that this zone will be further investigated during our field program starting in the next few weeks. In addition to these areas, our previous data compilation and analysis of historical work has identified several high-grade gold targets as well as gold rich massive sulphide targets on the Dunlop Property.\"Figure 1 : 2022 ground EM anomalies over Dunlop Bay Ouest showing and summer 2022 field focusTo view an enhanced version of Figure 1, please visit:https://images.newsfilecorp.com/files/5785/130165_20e52432642eaa61_001full.jpgThe Company has engaged Laurentia Exploration to complete a field program over Dunlop Bay Property. This program will be starting in July, aiming to 1) find the continuity of existing mineralization, 2) enhance the understanding of the various structural and geological controls over the known occurrences and 3) discover new showings. Recent data compilation work has defined several structural trends related to the known Dunlop Bay showing, that need to be confirmed on the field. The field program will focus on confirming, locating and understanding the systems in order to generate drill targets that will be tested by a 3,000 meters program sched...