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Stakeholder Announces Positive Soil Results & Initiation of Pulse EM Survey
Toronto, Ontario--(Newsfile Corp. - October 2, 2014) - Stakeholder Gold Corp. (TSXV: SRC) ("...
About this update from Stakeholder Gold Corp.
[{"type":"text","content":"\nStakeholder Announces Positive Soil Results & Initiation of Pulse EM SurveyToronto, Ontario--(Newsfile Corp. - October 2, 2014) - \nStakeholder Gold Corp. (TSXV: SRC) (\"Stakeholder\" or the \"Company\") is pleased to report that soil sampling on the main grid covering previously defined gravity anomaly NS23 is almost \ncomplete. To date, approximately 2,000 samples have been collected and results from the eastern portion of the grid have outlined anomalous copper, lead, zinc and silver in soils. Copper results show three well defined parallel, NE-SW trending \nanomalies that lie within the axial core of the gravity anomaly and IOCG exploration target, NS23. \n\nCopper in soil anomalies on NS23 overlie linear topographic breaks that represent faulting parallel to the regional trend. Copper results on the south end of the adjoining grid covering VTEM anomaly VT-BR-05 indicate that the copper in \nsoils anomaly on NS23 has a total strike length in excess of 2,500m. \n\nLead and zinc show similar trends to that seen with copper, although only the northern and southern copper anomalies show lead/zinc support. Additionally, a ~600m long Pb/Zn trend is seen to overlie the Cobequid fault west of Bass River. \n\nThere are two prominent silver anomalies detected in the soil samples. One of these is coincident with the northern (or main) copper-lead-zinc anomaly, and the other lies along the trace of the Cobequid Fault Zone. The latter anomaly is generally \nvery narrow (<75m in width) but is laterally continuous for in excess of 1,500m. \n\nThe recommended ground based Pulse Electro-Magetic (PEM) survey over the major copper anomaly on NS23 is scheduled to commence in approximately 10 days (no later than mid-October). This will be followed by a PEM survey covering VTEM target \nVT-BR-05. PEM surveys aid in the determination of dip, strike and depth extent of conductive exploration targets. Modeled results help to determine optimal locations for drill collaring. \n\n\"We are proceeding with de-risking of the two prominent IOCG exploration targets that have been identified at Bass River, namely NS23 and VT-BR-05. The ground based Pulse Electro-Magnetic survey will provide further \ndefinition of the sub-surface geological structures for the identified geochemical and conductive anomalies. This Pulse EM survey is undertaken to provide ...