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IMC International Mining Update on Thane Property Work Program

Mining News - Published on Mon, 14 Sep 2020

Image Source: IMC International Mining Thane Property
IMC International Mining Corp has provided an update on its summer work program at its Thane Property in Northern British Columbia in Canada. The Company has completed a 10-week program which included ground geophysics, alteration mapping, along with rock, soil, and silt sampling. In total, the Company was able to collect 194 rock samples, 467 soil samples, and 3 silt samples from the Cathedral Area, as well as 29 soil samples collected from the Cirque area and 77 soil samples from the Mat area. The main focus of the Phase 1 summer work program consisted of an Induced Polarization geophysical survey. Snow and weather conditions delayed the start of this geophysical survey by almost an entire month with work commencing August 9th. In total, 11.6-line kilometers were surveyed at the Cathedral Area. A total of 4 lines totaling approximately 7.1-kilometers with IP stations set at 100-meter spacings, and 3 lines totalling approximately 4.5 kilometers were surveyed with IP stations set at 25-meter spacings. The IP crew then moved and completed a single 1.5-kilometer line in the Cirque area to finish off the program. Rendering of the geophysical data is underway with a final interpretation expected within the next 2 weeks.

Soil samples were taken at 25-meter spacings along the IP grids since rock exposure in the lower valley is rare. Rock, soil and silt samples have been sent to ALS Laboratory in North Vancouver for analysis. As the results become available, the Company will provide updates via press releases.

A new showing within the Cathedral Area was discovered, which consisted of a 1.5-meter zone of magnetite breccia and veins on the hanging wall, and pyrite with lesser chalcopyrite in veins toward the footwall. The showing appears to have utilized a pre-existing joint which experienced significant dilation. Several rock samples were taken from this area and sent for assaying.

Geological and alteration mapping was centered on the Cathedral Area to help define areas most promising for a drill program. This work is now being compiled and will be used along with the Geochemical results and the Geophysical interpretation to target drill sights. The Company has also logged over 100 geological reference samples and created a digital geological library for the all rock units.

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Posted By : Yogender Pancholi on Mon, 14 Sep 2020
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