Anomalous gold results within the 725m interval of 30 samples taken 25m apart are ranged as high as f 640 ppb Au and averaged 160 ppb Au, and the current soil sampling will delineate the full extent of the gold anomalism within this hydrothermal alteration system, the company said.
TerraX will also follow up on the newly discovered Forty Creek showing 59 g/t Au and 2290 g/t Ag.
Along with the soil survey work, the firm has contracted Quantec Geosciences, a provider of geophysical survey services for mineral exploration companies, to carry out Titan 24 ground geophysics across 3.5km of strike length on the alteration zone to pick up epithermal or more likely porphyry-style mineralization up to a depth of 600m below surface.
TerraX has contracted Geo Data Solutions, a provider of airborne geophysical services, to fly an airborne magnetic survey over the entire property.
The Stewart property comprises 242 claims totaling 60.5 sq km located 30km north-northeast of the town of Marystown on the Burin Peninsula in Newfoundland.
