Initial Modelling Completed At McGarry Gold Project
Orefinders Resources Inc. (TSXV: ORX) has successfully completed a DCIP-MT ORION SWATH ground-based Geophysical Survey on its McGarry Gold Project in Ontario.
McGarry is adjacent to the Kerr Addison Mine that produced approximately 11 million ounces of gold before closing in 1996.
Vice President of Exploration, Keith Benn, said the initial 2-D modeling of the Survey data has shown significant IP (Induced Polarisation) and MT (Magnetotelluric) anomalies associated with the Larder-Cadillac Fault Zone between the McGarry headframe and the Barber-Larder open-pit and also at other less explored target areas at McGarry.
“This sort of survey, combining quasi 3-D IP and deep-penetrating MT technologies has never been conducted on McGarry,” Mr Benn said.
“This approach is aimed at delineating new exploration drill targets that could lead to new gold discoveries on a highly prospective project along the Larder-Cadillac Fault Zone.”
The Survey was designed to gather high-resolution data at depth that will be key to identifying ‘under cover’ exploration targets, i.e., potential ore bodies that do not reach the surface. Subsequent 3-D modelling of this geophysical data set along with machine learning applied to all available data for McGarry will allow the company to prioritise exploration targets for a drilling program later in 2021.
Quantec Geoscience carried out their unique combined DCIP (DC Resistivity and Induced Polarisation) and MT (Magnetotelluric) Geophysical Survey (ORION SWATH Survey) along 13 Northwest-Southeast trending survey lines covering the near totality of the McGarry Gold Project.
The survey employed a broad array of multi channel sensors to gather a large number of data points for electrical properties in the geological subsurface thus generating a high-resolution data set with coverage to significant depths (DCIP to approximately 600m depth; MT resistivity to approximately 1,500m depth).
The survey was completed in early April 2021. Quantec processed the resulting data and performed the initial 2-D inversion modelling of the DCIP and MT data which were delivered to the company in May 26. The resulting data set and initial modelling will allow for further high-resolution 3-D modelling and the incorporation of the results along with available geophysical, geological and drill hole data to identify and prioritise new drilling targets.
For more information visit https://orefinders.ca/
