- Lode Gold Resources (TSXV:LOD) has begun its Heliborne HeliTEM survey over the Riley Brook and McIntyre Brook properties in New Brunswick
- This initiative is part of the recently established Acadian Gold Joint Venture with Fancamp Exploration Ltd.
- The survey will cover a substantial 419-square-kilometre land package of mineral claims, which include gold mineralized zones extending over several kilometres
- Lode Gold stock last traded at $0.02 per share
Lode Gold Resources (TSXV:LOD) has begun its Heliborne HeliTEM Survey over the Riley Brook and McIntyre Brook properties in New Brunswick.
This initiative is part of the recently established Acadian Gold Joint Venture with Fancamp Exploration Ltd.
The survey will cover a substantial 419-square-kilometre land package of mineral claims, which includes gold mineralized zones extending over several kilometres. These zones are on trend with Puma Exploration’s Williams Brook property, known for its significant gold deposits.
The Heliborne HeliTEM survey employs advanced electromagnetic technology to provide detailed subsurface imaging, which is crucial for identifying potential gold deposits. This cutting-edge approach will facilitate more efficient and accurate exploration, enhancing the potential for significant discoveries.
Via a news release, the company explained that by generating fast-tracked targets, this survey significantly reduces exploration timelines, enabling the joint venture to advance towards a drilling phase more efficiently
Fancamp, as Acadian Gold’s operator, has identified several areas of interest based on its internal compilation of geochemical, geophysical and geological data from previous operators.
(Compilation map of Riley Brook and McIntyre Brook properties and associated results. Source: Lode Gold Resources)
Lode Gold and Fancamp are optimistic that this survey will yield promising results, further solidifying their position in the gold exploration sector. The collaboration between these two companies aims to leverage their combined expertise and resources to maximize the potential of the Acadian Gold Joint Venture.
Lode Gold Resources Inc. is a Canadian exploration and development company with grassroots and advanced exploration properties in prospective mining jurisdictions.
Lode Gold stock (TSXV:LOD) last traded at $ 0.02 per share.
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(Top photo of the inaugural drill at the McIntyre Brook property: Lode Gold Resources Inc.)