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Conquest Completes Expanded Airborne Survey and Readies Belfast Project near Sudbury for Exploration

Feb 24, 2021


Conquest Resources Limited has completed its VTEMmax survey consisting of 2319 line kilometers (km) covering the Belfast Copper Project, as well as portions of the Golden Rose property which had not been previously flown. An additional 180 line kilometers were added to the survey. 

Belfast Copper Project

Numerous geophysical targets have been identified on the Belfast Copper Project. Ground gravity surveys are underway to follow up on selected EM anomalies encountered by the VTEM survey. The first of six targets, all of which are on strike and in the same geological corridor which hosted Teck Resources' high grade Copperfields Mine at Temagami, will be drill tested starting in the first week of March.

Conquest's Chief Geophysicist, Kevin Stevens stated, "The VTEMmax system has proven effective for detecting discrete sulphide bodies in a variety of types of ore bearing systems. The 2319 line km survey on the Belfast Copper property covers parts of four townships and has revealed many individual geologic conductors. These conductors occur mostly in the top few hundred meters, but several features occur as deep as 600m. More importantly we are seeing strong responses and long strike lengths (500-800m) associated with some conductors that are suggestive of large, sub-vertically orientated sulphide bearing sources that we will prioritize to be investigated with the drill bit beginning in the next few weeks. The experience of having interpreted many VTEM surveys, coupled with geologic truth produced by follow-up drilling, suggests to me that a number of the VTEM responses obtained from the Belfast Copper survey, are of a quality consistent with similar responses used to target economic sulphide accumulations."

Golden Rose Project

Five exploration holes over a strike length of eight kilometers have been completed on Phase One of the Golden Rose drill campaign. Iron formation similar to the host rock of the former Golden Rose mine was encountered in all holes. Results from these holes will be released when they are received from the assay laboratory. Additional holes on Golden Rose will be drilled in the coming weeks to test newly discovered Volcanogenic Massive Sulphide (VMS) targets identified by the VTEM survey.

Qualified Person

The technical content of this News Release has been reviewed and approved by Joerg Kleinboeck, P.Geo., a qualified person as defined in NI 43-101.

ABOUT CONQUEST 

Conquest Resources Limited, incorporated in 1945, is a mineral exploration company that is exploring for gold on mineral properties in Ontario. 

Conquest holds a 100% interest in the Golden Rose Project, located in the Temagami Mining Camp at Emerald Lake, approximately 65 kilometres northeast of Sudbury, Ontario, which hosts the former Golden Rose Gold Mine and is underlain by highly prospective Abitibi greenstone geology along a strike length of seventeen (17) kilometres.



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