Business
Westmount Minerals Implements 2022 Exploration Plans - Douay East Gold Project
Vancouver, British Columbia--(Newsfile Corp. - March 24, 2022) - Westmount Minerals Corp. (CSE: WMC) ("Westmount" or the "Company") is pleased to announce the i
About this update from Westmount Minerals Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - March 24, 2022) - Westmount Minerals Corp. (CSE: WMC) (\"Westmount\" or the \"Company\") is pleased to announce the implementation of its 2022 exploration plans for the Douay East Gold Project located in the Abitibi District of Western Québec. With the closing of its Initial Public Offering (\"IPO\") for gross proceeds of $458,400 on March 17, 2022, the Company is fully funded to complete the first phase of its recommended exploration program. In 2021, Westmount commissioned a high resolution airborne magnetic survey over the 4,868-hectare (\"Ha\") Douay East Property and, in parallel with the listing process during the fall and winter of 2021/2022, the Company completed a comprehensive GIS compilation of historical and public domain exploration related data. Most recently, the Company has compiled all historical drilling conducted on the property. Westmount's 2022 program is beginning with a surface geochemical survey over selected parts of the property to be followed by overburden drilling to evaluate and sample basal tills and to map and sample the top of bedrock. The surface geochemical program will consist of a Soil Gas Hydrocarbon (\"SGH\") survey to commence in late spring. Details of the SGH survey will be based upon on-going interpretation of the compiled exploration data set. Planning subsequent exploration, to test the basal till - bedrock horizon, will also be based on on-going interpretation of the exploration data as well as results of the SGH survey. The Company is currently evaluating methods and suppliers to complete this work. All exploration work is being completed to generate targets for diamond drilling for gold mineralization on the property. David Tafel, CEO and Director of Westmount, commented: \"Our high resolution airborne survey completed in 2021 combined with the historical geology and exploration compilation forms a very strong foundation from which to launch our exploration program. We were particularly pleased with the quality of archived drill data which will support preliminary 3-D interpretations on the property and most importantly the widespread anomalous gold assays in the historical drilling.\" About the Douay East Property The Douay East property covers an area of 4,868 Ha located in the Abitibi Greenstone Belt (\"AGB\"), western Québec. With ...