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Silver Spruce Resources Inc. Announces Completion of Ground Geophysical Surveys; Popes Hill REE Property
Dec. 30, 2010 (TheNewswire.ca) -- - 73 line kilometers of ground geophysics (magnetic, VLF a...
About this update from Silver Spruce Resources Inc.
[{"type":"text","content":"\nSilver Spruce Resources Inc. Announces Completion of Ground Geophysical Surveys; Popes Hill REE Property\n\n\n Dec. 30, 2010 (TheNewswire.ca) -- - 73 line kilometers of ground geophysics (magnetic, VLF and radiometrics) completed- Anomalous magnetic and VLF-EM trends identified across the surveyed area- Radiometric results pendingDecember 30, 2010 - Bridgewater, NS - Silver Spruce Resources Inc. (TSXV: SSE) is pleased to announce that the ground geophysical surveys on the 100% owned Popes Hill (PH) REE property located on the Trans Labrador Highway (TLH) in south central Labrador, has been completed. The 73 line km geophysical survey, which consisted of magnetics, VLF-EM and radiometrics was carried out under contract by Abitibi Geophysics of St Johns, Newfoundland. The surveys were focused on the original 62 claim block, which covers a 5 kilometer long trend of rare earth mineralization located in bedrock and angular boulders along and just to the north of the TLH. The surveys included GPS controlled magnetics, with readings taken every 2 seconds, VLF-EM with readings at 12.5 meter spacing and radiometrics, also at 12.5 meter spacing, over selected areas, covering some of magnetic and electromagnetic anomalies located. The rare earth mineralization is variably non magnetic to magnetic and is associated with thorium/uranium making the samples radioactive and therefore responsive to radiometric surveys. The REE mineralization may also be shear hosted and the shear systems may respond to the VLF-EM survey.Preliminary plots of the magnetics and VLF-EM show a number of linear magnetic anomalies, both positive and negative, crossing the property in an ENE direction. A number of the VLF-EM anomalies are coincident with, or marginal to, the magnetic highs with others in the magnetic low areas. A VLF-EM anomaly, between magnetic high zones, possibly indicating a shear system, occurs coincident with the anomalous REE samples in the bedrock aggregate pit on the side of the TLH and extends along strike to the east and west. All geophysical data will be compiled over the holiday period and the final results will be released early in the New Year. Once the geophysical targets are defined, an application for a diamond drill program, to be carried out early in the New Year, will be submitted to the Newfoundland government.The original PH 62 ...