The company said that the results of this survey have been processed and now are being interpreted and integrated with previous ground and airborne geophysical programs to further define drill targets.
Preliminary results of the aircraft-borne, full tensor 3D gravity gradient survey clearly show that this program was successful in better defining the structural setting of the property.
Several ‘zones of interest’ outlined within the Newnham Lake claims lie along extensive corridors of well-defined, structurally-disrupted basement conductors.
According to the company, this property is now at a drill-ready stage with numerous high-priority targets identified.
The Newnham Lake project straddles the northern margin of the Athabasca Basin and lies directly along the Cable Bay Shear zone.
