| From: molee | 3/5/2019 8:16:57 AM | | | | | | Inventus Mining Identifies Extensive Sudbury Breccia Belt and Exotic Mafic Dykes on Its Sudbury 2.0 Property
TORONTO, March 05, 2019 (GLOBE NEWSWIRE) -- Inventus Mining Corp.(TSX VENTURE: IVS) (“Inventus” or the “Company”) is pleased to provide an update about exploration activities on its 100% owned Sudbury 2.0 property (the “Property”) located northeast of Sudbury, Ontario.
During the 2018 field season, Inventus discovered and mapped a contiguous belt of Sudbury breccia over a distance of 14 km with potential to extend it over 30 km. The breccia belt is located above the Temagami Magnetic Anomaly and further validates the Sudbury 2.0 exploration concept. Inventus plans to explore the breccia belt in greater detail and compare it to Sudbury’s South Range Breccia Belt that hosts the Frood-Stobie deposit.
Additionally, Inventus has also found two exotic mafic dykes on the Property. The mafic dykes have different lithological and geochemical characteristics to any known intrusive rocks in the regional area. The two mafic dykes are being studied in detail to determine their geological relationship to both the Temagami Magnetic Anomaly and Sudbury Igneous Complex (SIC).
With the identification of unexplored Sudbury-type geology found on surface, a stronger geological connection has now been made between the Temagami Magnetic Anomaly and the Sudbury Basin. These new findings suggest there is good exploration potential for magmatic Ni-Cu-Pt-Pd mineralization and associated hydrothermal Au-Cu-Co-Ni mineralization over a large area of the Property.
Sudbury Breccia Belt
Geological mapping during the 2018 field season lead to the discovery of a previously unrecognized 14 km belt of Sudbury breccia. The breccia belt, named the Laundry Lake Breccia Belt (LLBB), occurs above the western peak of the Temagami Magnetic Anomaly and along a regional gravity discontinuity, suggesting the breccia belt was emplaced along a major regional structure (see Figure 1 for the location of the breccia belt with total gravity and magnetic maps).
The LLBB was found to contain a variety of different rock types as inclusions, with at least two different exotic mafic rock types of an unknown origin. The variety of rock types differing from the surrounding geology suggests that the breccia clasts were transported significant distances. This is an uncommon occurrence in the region and demonstrates similarities with both the South Range Breccia Belt (SRBB) and footwall-type breccia that occur along the footwall of the Sudbury Igneous Complex (SIC). The SRBB hosts the Frood-Stobie deposit, the largest ore deposit in the Sudbury Basin and one of the largest single deposits in the world. It appears that the new LLBB is the only other breccia structure analogous to the SRBB occurring around the SIC. Inventus plans to use the SRBB and the Frood-Stobie deposit as a model to guide future exploration on the Property.
Mafic Dykes
Two exotic mafic dykes were also mapped on the Property during the 2018 field season (See Figure 1 for the location of the mafic dykes with total gravity and magnetic map backgrounds).
Tholeiite Diorite Dyke
This dyke was observed intruding the Huronian Supergroup sediments with a near vertical dip and was mapped in two sections for a combined length of 5.7 km. Initial analysis of the dyke revealed some lithological similarities to quartz diorite offset dykes that are found radiating from the Sudbury Igneous Complex (SIC), including anomalous platinum and palladium values. Both sections of the dyke share the same NE-SW strike and are likely connected for a total length exceeding 8 km. The southwest extent of the dyke could project back to the SIC, similar to other offset dykes found radiating from the Sudbury Structure. The north-eastern section of the dyke is spatially associated with known hydrothermal Au-Cu and Au-Co-Ni mineralization and the newly identified LLBB (see Figure 2).
Previous exploration of the hydrothermal mineralization by Flag Resources at the Wolf Lake and Cobalt Hill areas did not recognize the significance or possible genetic relationship between the mafic dyke, Sudbury breccia, and the SIC. An examination of Flag’s historic exploration data revealed the mafic dyke was intersected in multiple drill holes near the hydrothermal Cu-Au mineralization, and only one 10 m section of the mafic dyke appears to have ever been assayed, which returned 1.1 g/t gold over 9.3 m. It appears from the historic account that the mafic dyke was not analyzed for platinum or palladium.
Alkaline Diorite Dyke
This dyke was mapped over 1 km above the western peak of the Temagami Magnetic Anomaly where it has an intrusive contact with the Huronian Supergroup sediments (see Figure 2 for location). The dyke is moderately magnetic with a near vertical dip and has a NW-SE strike. The contact of the dyke with the LLBB was not observed, however, clasts of the dyke were found in the breccia (see Figure 3). The alkaline diorite dyke is older then the Huronian sediments but younger then the Sudbury Event and does not correlate with any intrusive magmatic events in the region. The possibility of this dyke being a distal segment of a larger magmatic body at depth, potentially responsible for the Temagami Magnetic Anomaly, is being evaluated.
Inventus believes that both the LLBB and exotic mafic dykes present excellent exploration targets. Inventus is planning its upcoming 2019 field season with emphasis on field observations and our newly acquired database of geophysical data, including detailed magnetic data produced by Falconbridge that was kindly provided by Glencore.
Click here for figures: globenewswire.com |
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| From: molee | 3/28/2019 10:09:51 AM | | | | | | Grant of Options ...
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| Mar 27/19 | Mar 26/19 | Sutcliffe, Richard Harry | Direct Ownership | Options | 50 - Grant of options | 300,000 | | | Mar 27/19 | Mar 26/19 | Spears, Stephan Michael Seydegart | Direct Ownership | Options | 50 - Grant of options | 500,000 | | | Mar 27/19 | Mar 26/19 | Nils Frederik Jonas, Engelstad | Direct Ownership | Options | 50 - Grant of options | 300,000 | $0.150
| | Mar 27/19 | Mar 26/19 | Nassif, Gary John | Direct Ownership | Options | 50 - Grant of options | 300,000 | $0.150
| | Mar 27/19 | Mar 26/19 | Marrelli, Carmelo | Direct Ownership | Options | 50 - Grant of options | 150,000 | | | Mar 27/19 | Mar 26/19 | Hunter, Douglas | Direct Ownership | Options | 50 - Grant of options | 300,000 | | | Mar 27/19 | Mar 26/19 | Hall, Mark | Direct Ownership | Options | 50 - Grant of options | 300,000 | | | Mar 27/19 | Mar 26/19 | Heatherington, Robert Scott | Direct Ownership | Options | 50 - Grant of options | 300,000 | |
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| From: Robov | 5/24/2019 8:05:35 PM | | | | | | | Just browsing their website and don't see any news or anything as to any further plans for continued exploration or larger bulk samples. Where's that damn Defibrillator! |
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| To: Robov who wrote (582) | 5/24/2019 10:36:41 PM | | From: molee | | | | So , a member from another messageboard had sent "management" an e-mail a little while ago and got this response ... Seems like a delay in operations . Maybe Rob M. can be of assistance ...
"We are still working away on arrangements for the bulk sample. The key issue we face is securing a mill that can process our material and dispose of our tailings. Recently we have had some success on this front, but we have yet to reach a commercial agreement with the mill.
Our stepwise plan is:
1. secure a mill, 2. raise adequate funding for environmental bonding and working capital, 3. post environmental bond and obtain permit, 4. start mining (2-3 phases this year totalling 20-30,000 tonnes).
I estimate additional $500k is necessary ($150k for bonding, and $350k for additional working capital)." |
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| To: molee who wrote (566) | 5/25/2019 9:56:47 AM | | From: JW@KSC | | | | Molee - That second Stockhouse Link was of no surprise to me.
Inventus Mining Aquires New Property Near Sudbury
V.IVS | May 7, 2018
TORONTO, May 07, 2018 (GLOBE NEWSWIRE) -- Inventus Mining Corp.(TSX VENTURE:IVS) (“Inventus” or the “Company”) reports that it has staked 188 square kilometers of new 100%-owned mineral claims located east-northeast of the Sudbury Basin. The claims targeted the Temagami Magnetic Anomaly, a large magnetic anomaly of similar size and intensity to that of the Sudbury Basin (formed by a meteorite impact 1.85 billion years ago), which hosts multiple world class Ni-Cu-PGE deposits (see Figure 1).
The claims were acquired after receiving an interim research report from the geological department of Wuerzburg University in Germany. The research findings relate to rocks from a deep borehole (AT-14-01) drilled by Canadian Continental Exploration Corp. (a private corporation 18% owned by Inventus) in 2014, on the peak of the Temagami Magnetic Anomaly. The drill hole is located 46 km from the eastern rim of the Sudbury Basin. It intersected unknown magnetic intrusive rocks with geochemical signatures similar to those of the unique offset dykes around the Sudbury Basin. Dating the source material for these unknown magnetic intrusive rocks further corroborated the geochemical observations, suggesting they could well be analogous to Sudbury Igneous Complex (SIC) Offset Dykes.
stockhouse.com
I put the Temagami Magnetic Anomaly pieces together including Canadian Continental Exploration Corp.two years before this news story, back in April 2016. As I thought the Magnetic Anomaly may have been part of an Asteroid Impact that created the Sudbury Basin and the huge Mineral Deposits found there. And Possibly being the Source of the Paleoplacer Deposits Gold found a Pardo.
I studied the Area Topography around Pardo, trying to figure out where the Gold source was feeding Pardo, and there was no possible source close by, and then found the information about Canadian Continental Exploration Drilling the Temagami Magnetic Anomaly about 50 miles from Pardo. Then went nuts doing DD trying to put the Pieces Together.
Canadian Continental Exploration had the expertise in Deep Drilling, attempting to hit the Magnetic Anomoly Source.
Then found the 2009 news story
Ginguro gets first shares of Canadian Continental
Ginguro Exploration Enters Binding Letter Agreement in Which Canadian Continental Can Earn a 70% Interest in El Alto Property. Ft Lauderdale, Florida 12/02/2009
transworldnews.com
Then things became very Interesting.
.
And
Press Release | Tue Aug 26, 2014 1:20pm EDT
Ginguro Acquires Additional 3,400,000 Shares of Canadian Continental as Drilling Starts at Temagami
reuters.com
I tried to impart my DD in the 3 Posts or 3 Parts below:
WitsWatersrand Basin in South Africa was Created by the Vredefort Meteor. WitsWatersrand is the Largest Gold Deposit on Earth.
PART 1
PART 2
PART 3 |
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