Source: Golden Share Resources
  • Golden Share Resources Corporation (GSH) has completed a detailed airborne magnetic survey
  • The company completed the detailed magnetic survey over its Ogoki Project kimberlite target claims, situated in the Martin Falls area of northern Ontario
  • The work involved mapping fourteen target sites within eight individual survey blocks completed using SHA Geophysics’ Heli-GT magnetic survey system
  • Golden Share is a natural resource exploration company focused on Northern Ontario, Canada
  • Golden Share Resources Corporation was unchanged at $0.045 at 10:34 AM ET

Golden Share Resources Corporation (GSH) has completed a detailed airborne magnetic survey.

The company completed the detailed magnetic survey over its Ogoki Project kimberlite target claims, situated in the Martin Falls area of northern Ontario.

The work involved mapping fourteen target sites within eight individual survey blocks completed using SHA Geophysics’ Heli-GT magnetic survey system.

This helicopter-borne, three-axis magnetic gradiometer survey platform was designed to acquire highly accurate georeferenced magnetic gradient and total field data. The system was flown at tree-top level with a line spacing of fifty metres.

The profile data was gridded using SHA’s GT-Grid routine that combines total field magnetic data with the two horizontal components of the magnetic gradient data to produce a total magnetic field grid that simultaneously honours all three measurements.

The survey mapped all of the bodies in precise detail and confirmed historical public magnetic survey results. An interpretive report is currently underway evaluating each target.

The Marten Falls area magnetic anomaly cluster consists of a number of discrete anomalies and that may have their source in kimberlite or other ultramafic bodies.

Based on a review of existing historic data available for this area, it does not appear that any of these targets have been drill tested. Future work programs will be planned dependent on the detailed interpretation of each target currently underway.

Golden Share is a natural resource exploration company focused on Northern Ontario, Canada.

Golden Share Resources Corporation (GSH) was unchanged at $0.045 at 10:34 AM ET.


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