Trading Symbol: SPR - TSXV
COQUITLAM, BC, May 28 /CNW/ - The Company is pleased to report that a Titan 24 IP Program has commenced on the "TAS" Copper/Gold/Silver Claims located in the Similkameen Mining Division, British Columbia. The IP Program will also extend to the recently staked "TAS South Extension Claims".
The claims cover an area of approximately 1,306 hectares (3,227 acres) and 3,125 hectares (7,800 acres) respectively. The Titan 24 Deep Imaging Survey is being conducted by Quantec Geoscience, LTD with headquarters in Toronto, Ontario. Over the past twenty years, Quantec Geoscience has completed in excess of 3,000 geophysical projects worldwide including over 400 Titan 24 surveys.
The Titan 24 DCIP and MT is a multi-parameter distributed ground geophysical survey system designed to collect large volumes of highly accurate subsurface physical property information to depths of 750 meters (2,400 feet) with IP chargeability and DC resistivity. The Titan Survey provides a means to image the subsurface of the property. It will detect and delineate significant targets and enable the company to direct future drilling effectively.
There are six known geochemical anomalies on the "TAS Project". The company anticipates similar results as received on the adjoining Copper Mountain Mining Corp Properties that has proven in excess of 4.6 billion pounds of copper.
Exploration objectives:
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Map and detect potential Copper mineralization to depth within the TAS
project area.
- Detecting and discriminating targets related to potential
mineralization and alteration associated with porphyry style
deposits.
- Discriminating large targets with potentially greater tonnage from
small non economic targets.
- Compliment near surface information for integrated drill targeting.
- Provide thorough property evaluation in less overall time than
previously possible.
- Locating and delineating mineralization and related alteration to
depths of up to 750 metres with IP Chargeability and DC resistivity.
- Mapping the resistivity and chargeability features related to
mineralization, alteration, faults and lithologies
Scope of Survey Data Acquisition:
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The Titan survey for the TAS Project will consist of:
Data Acquisition of 5 Titan 24 spreads totaling 18 kilometres of Titan 24
DCIP data acquisition. The Titan survey will be conducted as follows:
- Each Titan 24 line will be done with "a" spacing of 100 metres and
line length will be 3.6 kilometres long.
- Line spacing will be 400 metres on the northern block and 800 metres
for the south.
Further news will be forthcoming in the near future.
ON BEHALF OF THE BOARD
"Allan Levien"
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Allan Levien
President
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the release.
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