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Gold/Mining/Energy : Wolverine Exploration
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From: doubloon7/7/2012 1:07:51 PM
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The 2012 Wolverine drill program (repeat)

The final report on the induced polarization (IP) survey by Abitibi Geophysics has been received and reviewed by Wolverine. The report outlines a number of chargeability anomalies that require follow-up by prospecting and drilling. Some additional IP work is suggested to further outline newly detected targets that are open along strike and extend beyond the survey grids.

On Grid Two are located several chargeability anomalies with high associated resistivity that is more suggestive of bedrock sulphide conductors than overburden. These targets are generally shallow (within 10 – 15 m of surface) and could be targeted by shallow drilling. Anomalies CR2-06 and CR2-07, for example, have strike extents of 1.3 km and 1.0 km respectively and are both Priority One targets. Both anomalies are open to the southwest and extend beyond the survey grid.

Also on Grid Two are a series of chargeability anomalies (CR2-01, CR2-02 and CR2-03) that are located in close proximity to previously discovered malachite showings in rock cuts along the Trans Labrador Highway. These three anomalies could represent copper-carrying sulphide mineralization that has leached out the malachite. These anomalies are all open to the northeast ad have strike lengths ranging from 325 m to 900 m.

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