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Ironbark Zinc announces the Heli-SAM electromagnetic survey successfully

Mining News - Published on Mon, 11 Feb 2019

Image Source: Proactive Investors
Ironbark Zinc Limited announced the Heli-SAM electromagnetic survey has been successfully completed at the Jerangle Prospect within the Captains Flat base metals project. Geophysical group. Gap Geophysics completed a HeliSAM electromagnetic survey over the proven large-scale Jerangle Prospect at Captains Flat. Preliminary interpretations show anomalies in several adjacent loops indicating the presence of a large, broad bed rock anomaly. Results from Loop 5 are shown in Figure 2 where there is a clear broader bedrock anomaly apparent on the north east section, at approximately 713,500mE and at depth. The broadening wavelength on the northern side of the anomalism would suggest some degree of plunge/deepening in the northerly direction.

The interpretation of the data is ongoing with a final report with drill targets expected shortly. The survey was financed jointly by Ironbark and New South Wales Base Metals (NSW BM -a subsidiary of Glencore) on an equal basis which is the same as the project ownership.

The Captains Flat project hosts the historic and significant Lake George Mine as well as numerous highly prospective exploration targets.

Ironbark and NSW BM have already enjoyed historic exploration success with significant base metal intercepts returned from the Jerangle Prospect earlier drilling and look forward to continuing their work on this significant and underexplored proven high-grade base metals province. The geophysical survey is anticipated to better identify and detail the location, scale and geometry of the identified anomaly.

Source :

Posted By : Rabi Wangkhem on Mon, 11 Feb 2019
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