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Jasper Mining Corporation commences IP geophysical survey on Isintok property
Jasper Mining Corporation commences IP geophysical survey on Isintok property.
About this update from Tuktu Resources Ltd
[{"type":"text","content":"\n\n\n\n\nTrading Symbol: JSP (TSX-V)\n\nCALGARY, Oct. 25 /CNW/ - Jasper Mining Corporation (the \"Company\") has\nmobilized a geophysical crew onto its 100% owned ISINTOK property to undertake\na ground Induced Potential (IP) survey in the area of current interest. The\ntenures comprising the property cover an area of approximately 60.3 square km\n(23.3 square miles), or 6,029 ha (14,898 acres) at the height of land between\nMcNulty and Isintok creeks, approximately 27 km west-southwest of Summerland,\nBC and 20 km north of Hedley.\nThe Company's diamond drill results from the property continue to\ndocument copper (Cu) +/- molybdenum (Mo) +/- gold (Au) +/- silver (Ag) from\nthe area of current interest. A total of 63 percussion and diamond drill holes\nhave been documented on the property, with 28 percussion or diamond drill\nholes in the area of interest, which extends 960 m north-south by 440 m\neast-west. Drilling has begun on the second phase of the 2006 exploration\nprogram. Upon conclusion of the second phase of drilling, if all holes are\ndrilled as planned, the area tested by the Company would extend approximately\n930 m north-south by 270 m east-west.\nThe proposed IP survey consists of a total of approximately 16 line km,\noriented east-west over the area of current interest, as defined by\nsub-surface mineralization documented in 28 percussion and diamond drill\nholes, located on the fringe of coincident magnetic and resistivity anomalies.\nThe survey will extend eastward from a prominent magnetic high (tested by\ndrill holes ISIN-06-1-09 and 10) approximately 800 m east, with the 5 northern\nlines approximately 1.4 km in length. The proposed survey extends from regions\ncharacterized by magnetic lows into, and through, magnetic highs and back into\nmagnetic lows from east to west for the upper 5 lines. The remaining 10 lines\nextend from magnetic lows on the east and terminate at the western edge of the\nprominent magnetic high.\nManagement believes the areas characterized by prominent magnetic highs\nare younger intrusive phases overlying older, more altered and potentially\nmineralized phases. The IP survey is anticipated to \"see\" to a depth of\napproximately 300 m vertically below surface. Ideally, the results of the IP\nsurvey are expected to allow identification of the extents of sub-surface\nmineralization a...