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IM Exploration Announces Results of 2019 Work Program at Mulloy Project
TORONTO, Jan. 28, 2020 /CNW/ - IM Exploration Inc. (CSE: IM) (the "Company") is pleased to announce the results of its initial exploration program at its Mulloy
About this update from Westward Gold Inc
[{"type":"text","content":" TORONTO, Jan. 28, 2020 /CNW/ - IM Exploration Inc. (CSE: IM) (the \"Company\") is pleased to announce the results of its initial exploration program at its Mulloy Graphite Project in Rowlandson Township, Ontario (the \"Property\"). As reported in the Company's news release dated December 4, 2019, the work at the Property consisted of 10 kilometres of preliminary line-cutting, followed by 9 kilometres of geophysical surveying, both magnetic and electromagnetic (HLEM). Exploration efforts were concentrated around a prospective target at the western boundary of the Property. Exploration Program Results Two conductors were identified from the November-to-December 2019 survey. The first conductor (\"Conductor A\") is coincident with a strong magnetic high and is interpreted to be associated with a potential iron formation. In the vicinity of the Property, iron formations can be associated with base metal and gold mineralization. The conductor extends roughly east-west across the entire survey area (500 metres) and remains open at both ends. The second conductor (\"Conductor B\") shows a slightly weaker response with no significant magnetic correlation. The lack of a magnetic response would suggest that Conductor B represents a graphite target. Conductor B runs parallel to Conductor A for approximately 200 metres and remains open to the west of the survey area. Further exploratory sampling and drilling would be required before the Company can confirm these interpretations. The maps below illustrate the results of the geophysical survey (Figure 1 and 2). With these results now available, the Company's management and board of directors intend to undertake further planning with technical personnel to evaluate various means for most effectively advancing the Company's progress, both at the Property and at the corporate level. The technical contents of this news release were approved by Case Lewis P. Geo., a qualified person as defined by National Instrument 43-101. About the Mulloy Graphite ProjectThe Mulloy Graphite Project is located approximately 85 km west-northwest of the town of Hearst, Ontario and consists of 64 single cell mining claims located in Rowlandson Township, Porcupine Mining Division, Ontario, comprising approximately 1329 hectares. The property is prospective for graphite mineralization, as historical drilling on the p...