Galactic Gold Corporation (TSXV: GGAU) It began field work on its Hardrock West project after new geophysical data highlighted high-priority targets along major gold-bearing structures in the Beardmore-Geraldton Greenstone Belt (BGGB) in northwestern Ontario.
The company recently completed total magnetic intensity (TMI) and electromagnetic (EM) surveys over an area of 28,586 hectares. Surveys have identified magnetic trends along the Paint Lake Fault, the Bankfield-Tombell Deformation Zone, and structural corridors along the BGGB that are believed to be associated with gold mineralization. Galactic said the new geophysical data helped narrow the list of priority targets and guided the beginning of field mapping and exploration.
Historical objections
With these objectives identified, Galactic is focusing its early field work on the Sturgeon Bridge area, where… Explore Kodiak (TSXV: KDK) He drilled nine holes in 2008 and identified a mineral trend now thought to extend more than two kilometres.
Intercepts from the Kodiak drilling operations included 2.53 g/t of gold at a depth of 1.6 metres, 1.75 g/t at a depth of 3.8 metres, and 66.7 g/t at a depth of 0.3 metres. The company says the new mapping and sampling program aims to verify those results.
“The summer field program will continue to evaluate the property’s broad targets through planned geological mapping in the Trench Lake and Missing Link North areas while simultaneously updating the geological model and mineralization at Sturgeon Bridge,” said Galactic CEO Ken Perry.
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