High-Tech Metals Limited (ASX: HTM) has obtained positive results from the geophysical programme conducted at its Werner Lake Cobalt Project located in north-western Ontario.
The programme is aimed at identifying potential mineral deposits and improving our understanding of the geological structure of the area.
The geophysical programme totalled 60.5-line km of magnetic and VLF data collected across two grids completed over eight days (49.5-line km Werner East and 10.9 line km Werner West). Below are preliminary residual magnetic intensity (RMI) and in-phase Fraser Filtered VLF gridded results, A Loupe TDEM orientation survey was completed to the North of the Western Portal of the Werner Lake deposit consisting of approximately 3-line km across zones of known mineralization.
Finalisation of targeting for Phase II is expected within two weeks. Results from the planned mapping and sampling programme, a combination of litho-geochemical and substrate sampling, will provide additional data for a second round of electromagnetic surveying leading to an HTM planned maiden drilling programme.
“We are very pleased with the progress and completion of High-Tech’s geophysical programme, of which initial interpretation of the results have provided valuable insights into the geological structures and mineralization potential of the Werner Lake Cobalt Project. The targets identified by the program are highly prospective, and we are eager to commence planning HTM’s drilling program to test their mineralization potential,” Executive Director, Sonu Cheema, said.
For further information please visit: https://hightechmetals.com.au/