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ArcPacific mobilizes geophysics crew to Rickard Gold Project in Timmins

Jul 28, 2021


"We are excited to be using the newest techniques in exploration technology which will allow us to generate extremely detailed magnetic maps over broad areas," Adrian Smith, CEO of ACP said.  

"We plan to integrate the new information gathered in this survey with our current database and compare this with existing data from the extensive scientific research that has been completed on the numerous deposits in the area. We are also looking to utilize the latest in artificial intelligence (AI) technology to process the new data and add another layer of probability to the targeting for the Company's planned Phase 2 drilling program." 

ArcPacific Resources Corp. has mobilized a geophysics crew to the Rickard Project, to complete a detailed drone-based magnetic geophysical survey over the recently identified structural corridor on the property.

Highlights:

  • Drone based magnetic survey covering 500-line kilometers
  • Utilizing new technology to generate highly detailed structural mapping 
  • Targeting structural corridor possibly acting as fluid conduits carrying gold bearing fluids
  • Targeting untested 2nd to 3rd order structural splays off regional scale fault
  • Recently confirmed hydrothermal system carrying gold and pathfinder elements
  • Phase 2 exploration planned to test new targets along path of fluids looking for gold traps

The detailed magnetic survey now underway, will consist of 500-line kilometers at a 25-metre spacing. The survey is designed to provide detailed coverage over the interpreted structural corridor that connects the Rickard Main zone in the northwest portion of the project with the regional scale North Pipestone Fault (NPF) which passes through the southern portion of the Property (see Figure 1 below). The NPF structure is a major regional splay off the prolific Destor-Porcupine Fault and cuts similar rocks as the nearby Kirkland Lake and Timmins areas, located 70 kilometres to the south and 65 kilometres to the southwest respectively. 

Initial exploration at the Property successfully identified a large hydrothermal vein system with quartz-carbonate veining and related albite-sericite-silica alteration present over 10's of meters true-width. The Company's geologists were able to determine that the veins are extensional in nature and formed as a result of north-south oriented shear structures. These north-south structures may represent fluid conduits, providing pathways for the gold bearing fluids originating from the regional scale fault system to the south. The current detailed survey is designed to map these structures in order to identify possible structural traps that create ideal locations where gold could be deposited. This new survey will aid in targeting for Phase 2 drilling. 

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