RE:RE:ayor on ceo opv message board updates harry developmentsMy filing cabinet for mining data is located in my mind, so finding Barry's E Letter containing the ascot IP reference took some time. Fortunately google delivered.... I still have to find the ascot news releases that mention their IP survey program, but, I already have a good idea as to what they will say. So Barry's commentary in the Del Norte E letter will suffice to give you an idea what Optimum may be trying to delineate with their IP survey.. And just an aside, i seem to recall that ayor was also a pretium shareholder who posted on the pretium stockhouse message board...
Ascot Resources Tests Induced Polarization (IP) Survey Against Known Gold Zones
During 2018 Ascot began to research means of exploring the entire land package effectively and more cheaply than by systematic grid drilling. One of the more effective geophysical methods for detection of disseminated pyrite is an IP Survey. A 1,200 m test line of pole-dipole IP at 50 m spacing was run over the western edge of the Premier and Northern Lights zones, covering known zones of gold mineralization. Following the success of the test survey, Ascot ran additional profiles to the north and south of Premier and between Big Missouri and Silver Coin. In the opinion of Ascot geologists, the IP chargeability profiles have highlighted a number of promising targets with signatures very similar to the known mineralization at Premier and Northern Lights zones. Ascot plans to follow up these targets with additional IP profiles, 3D IP grids, and eventually drill testing in 2019.
Note: This is why Teuton will use an IP survey for final drill targeting on the LG Vein zone.
During 2018 Ascot began to research means of exploring the entire land package effectively and more cheaply than by systematic grid drilling. One of the more effective geophysical methods for detection of disseminated pyrite is an IP Survey. A 1,200 m test line of pole-dipole IP at 50 m spacing was run over the western edge of the Premier and Northern Lights zones, covering known zones of gold mineralization. Following the success of the test survey, Ascot ran additional profiles to the north and south of Premier and between Big Missouri and Silver Coin. In the opinion of Ascot geologists, the IP chargeability profiles have highlighted a number of promising targets with signatures very similar to the known mineralization at Premier and Northern Lights zones. Ascot plans to follow up these targets with additional IP profiles, 3D IP grids, and eventually drill testing in 2019.
Note: This is why Teuton will use an IP survey for final drill targeting on the LG Vein zone.