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Chase Mining completes VTEM survey over two Zeus project areas in Canada

Proactive Investors Thursday, 21 March 2019
Chase Mining Corporation Ltd (ASX:CML) has completed a 718 line-kilometre airborne electromagnetic survey over its Lorraine and Alotta-Delphi-Zullo (ADZ) project areas in southwest Quebec, Canada. The survey was flown using Geotech’s helicopter-borne Versatile Time-Domain Electromagnetic (VTEM Max) geophysical system. Principal targets within the company’s claims are nickel-copper-cobalt-precious metal massive sulphide conductors associated with the basal zone of differentiated gabbro sills in the Belleterre-Angliers Greenstone Belt. READ: Chase Mining begins VTEM survey over two areas of Zeus project in Canada Extreme weather, including high winds, whiteout storms and frozen rain, plus equipment malfunctions caused delays in completing the survey, however, Geotech and the company’s consultant geophysicist have signed off on the quality assurance and quality control (QA/QC) of the data. Preliminary data will be received following the receipt of a further 45% of the scheduled fee with the remaining 5% to be paid upon delivery of the final data. READ: Chase Mining Corporation chairman continues to build holding in company Chase Mining expects the processing of the data to produce a preliminary anomaly map to be completed within a week. Detail interpretation and drill target generation will follow assuming there are worthy preliminary anomalies.
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