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Signature Resources Announces VLF Inversions Define Key Geological Features and High Priority Targets
TORONTO, June 11, 2018 (GLOBE NEWSWIRE) -- Signature Resources Ltd. (TSXV:SGU) (OTCQB:SGGTF) ("Signature" or the "Company") is pleased to announce that it has r
About this update from Signature Resources Ltd.
[{"type":"text","content":" TORONTO, June 11, 2018 (GLOBE NEWSWIRE) -- Signature Resources Ltd. (TSXV:SGU) (OTCQB:SGGTF) (\"Signature\" or the \"Company\") is pleased to announce that it has received additional interpretation of its airborne geophysical data. Inversion of a test block of data for the Terraquest Matrix VLF system has identified Resistivity Lows that are coincident with both the Northern and Southern Target Horizons, which contain multiple high priority targets. The test of the VLF inversion method clearly shows distinct lows that are probably due to fracturing and alteration along interpreted ~East-West controlling structures. This response is clearly observed for the Lingman Lake gold mineralized zones within the Northern Horizon and the new Southern Horizon. As previously reported, the Northern Horizon contain 12 high priority targets and The Southern Horizon contains 6 high priority targets, with a combined ~22km of strike length. Jeremy S. Brett of MPH Consulting Limited states: “A test block of Matrix VLF data was inverted by EMTOMO in Portugal, with excellent results. Known felsic intrusive rocks, lying to the north of the Lingman Lake gold mineralized zones, are clear resistivity highs. The Lingman Lake gold mineralized zones lie within a broad Resistivity Low with a width that correlates with the rough width of known alteration, silicified zones and mineralization. The contact between the felsic intrusives and the altered and mineralized greenstone rocks is very clearly defined - this is significant because this was not easily discerned from the Aeromagnetic data. The Southern Target Horizon is also detected as a clear zone defined by a Resistivity Low. Inversion of the Matrix VLF data for the rest of the Signature property is now planned. The combination of this VLF Inversion method with the Aeromagnetic data has shown to be powerful over the test block. The VLF Inversion method holds great promise as a low cost Airborne Electromagnetic methods for mapping bedrock and structure in areas with shallow overburden, as exists on the Signature Resources property.\" An image of the Reconstructed Total Field Magnetics with the Test Matrix VLF Inversion, from the Terraquest airborne survey, is presented below highlighting key areas identified: VLF Inversion Over Aeromagnetic Data Target classification definition: Ta...