• Geologica (GRCM) is sharing geophysical and cumulative results of its multi-year geochem survey at Topley
  • The geochem survey on the B.C. property yielded multiple copper and gold anomalies, as well as multiple kilometer-scale redox zones and volcanic massive sulfide targets
  • The company is working with all available data to develop a spring exploration program
  • President and CEO Doug Unwin spoke with Brieanna McCutcheon about the news
  • Geologica is a mineral explorer building shareholder value through the acquisition of projects with significant technical merit
  • Geologica Resource (GRCM) last traded at $0.07 per share

Geologica (GRCM) is sharing geophysical and cumulative results of its multi-year geochem survey at Topley.

The geochem survey on the B.C. property yielded multiple copper and gold anomalies, as well as multiple kilometer-scale redox zones and volcanic massive sulfide targets.

The surrounding region is known for large porphyry, copper/gold, and copper/molybdenum deposits, which contain the largest reserves of Cu and close to 50 per cent of gold reserves in B.C.

A district-scale airborne magnetics survey conducted by Riverside/Antofagasta included the Topley Property. As the map below indicates, there are two north-south trending magnetic lows (faults) in blue in the western portion of the property.

Geochemical anomalies identified in the surveys that lie between these faults represent future exploration targets at Topley.

Geochemical anomalies in relation to magnetic lows

The company is working with all available data to develop a spring exploration program.

Historical work

Previous historical drilling indicates intense epithermal alteration with Ag, Pb, and Zn mineralization.

Sporadic regional till samples in the area are in the 90th percentile for As, Sb, Pb and Zn.

President and CEO Doug Unwin spoke with Brieanna McCutcheon about the news.

Geologica is a mineral explorer building shareholder value through the acquisition of projects with significant technical merit.

Geologica Resource (GRCM) last traded at $0.07 per share.

This is sponsored content, please see full disclaimer here.


More From The Market Online
AI generated image of crystal ball with stock market chart

ATEX notches C$55 million investment from Agnico Eagle Mines

ATEX Resources (TSXV:ATX) receives a strategic investment of C$55 million from Agnico Eagle Mines (TSX:AEM).
Barrick Gold Corp. dump truck

Barrick Gold denies Mali’s accusations of breaching agreement

Barrick Gold (TSX:ABX) denies Malian Ministry of Mines and the Ministry of Finance allegations that it has not fulfilled its commitments.
AI image of dump trucks in an underground mine

The Market Online’s Weekly Gold Report – Oct. 23, 2024

The price of gold was up to as high as US$2,748.40 on Tuesday, which is up significantly from the previous week.
Workers at Southern Cross Gold's Redcastle project

Southern Cross acquires remaining interest in Redcastle gold project

Mawson Gold’s (TSXV:MAW) subsidiary, Southern Cross Gold (ASX:SXG), will acquire the remaining 30 per cent interest in the Redcastle project.