Sixty North Gold reports seven high-priority drill targets for vms mineralization from airborne geophysics survey over the Mon property, near Yellowknife
2 April 2019
Sixty North Gold Mining Ltd. is pleased to announce that Geotech Ltd. has completed a 135 km helicopter-borne VTEMTM Plus, time domain electromagnetic and horizontal magnetic gradiometer survey across the Mon Property. This system was selected to trace the outcropping Ag, Au, Pb, Zn enriched VMS-style mineralization recently discovered on the property (see news release November 6, 2018). The final report is expected to take 4 to 6 weeks to complete, however the initial results are promising.
Massive, semi-massive and disseminated galena, sphalerite, and tetrahedrite was identified within mixed mafic volcanic, felsic tuff and chert, in the 2018 rock sampling program. A 2,500 m long contact of mixed mafic and felsic tuffs hosts numerous structurally and stratigraphically controlled massive and disseminate sulphides and weakly gossanous schist zones discovered in late fall, 2018, and referred to as the Nelson Lake Deposit.
Seven isolated weakly to strongly conductive anomalies ranging from single line (<200m long) to 720m long zones have been identified from preliminary plots of the Geotech data. Six conductors have associated magnetic responses. Four coincident magnetic anomalies are part of longer more formational trends. All conductors appear to be parallel to the steeply dipping stratigraphy.