Big Gold readies for drilling with Geophysical Survey at Thunder Bay property
"We will be in a position to create updated models once we have combined the new survey results with our existing database and that will help us better define our initial drilling campaign which we expect to launch mid-year," said CEO Scott Walters. "Information from the work being carried out by neighbours like Goldshore, which we now know will include drilling in the area of our shared boundary this summer, and Delta Resources who are working to the east of us, will be of help to us, and we feel there is a strong likelihood that the host rocks of Goldshore's Vanguard trend continue onto our Property."
Big Gold Inc. is focusing its initial geophysical survey work on the west-central portion of its Tabor Property, adjacent to its shared boundary with Goldshore Resources Inc. Goldshore today announced it will complete a summer exploration drilling program on the Vanguard area of its adjacent property, an area that hosts base and precious metal mineralization and located proximal to the area currently being surveyed by Big Gold. The Property, located in the heart of the Shebandowan Greenstone Belt, northwest of Thunder Bay, Ontario is known to host quartz-sulphide associated gold mineralization and that style of gold mineralization as well as base metal mineralization is well suited for detection using induced polarization (IP) and resistivity survey techniques being employed by the Company.
Initial areas surveyed have returned highly anomalous readings indicating the presence of very chargeable bedrock containing sulphides and/or graphite. Further evaluation of the data will be completed as the survey progresses and after it is completed. Gold and base metal mineralization in the Shebandowan area, and more specifically on the Tabor project and on the neighbouring properties, are most often related to geological units that exhibit higher concentrations of sulphide mineralization.
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