- Orestone Mining Corp. (ORS) has completed an airborne MobileMT survey on the Captain Gold-Copper Porphyry Project near Fort St. James, North Central British Columbia
- The Magnetotellurics survey collected electromagnetic (EM) and magnetic data
- The survey was completed over a 40 square kilometre area by Expert Geophysics Limited of Aurora, Ontario, at a cost of $52,000
- The 100-per-cent owned Captain Gold-Copper Project encompasses 96 square kilometres and hosts a large gold dominate porphyry system
- Orestone Mining Corp is a mineral exploration company
- Orestone Mining Corp. was unchanged at $0.03 at 1:56 PM ET
Orestone Mining Corp. (ORS) has completed an airborne MobileMT survey on the Captain Gold-Copper Porphyry Project.
The project is located near Fort St. James, in North Central British Columbia.
The Magnetotellurics survey collected electromagnetic (EM) and magnetic data with precise positioning to track the low resistivity signature of sulphide-related gold-copper mineralization and define the limits of a non-mineralized but conductive graphitic argillite unit intersected in hole C22-01.
The survey was completed over a 40 square kilometre area by Expert Geophysics Limited of Aurora, Ontario, at a cost of $52,000.
The survey consisted of a total of 215-line kilometres flown over 26 east-west lines of 7000 metres, each spaced at 200-metre intervals and 4 north-south tie lines spaced at 2000 metres.
Data received by the company covers 13 EM frequencies from 26 Hz to 17099 Hz. The EM data was inverted to obtain the distribution of resistivity with depth over a depth range of 2 kilometres.
The company plans to analyze the results of the survey in detail and will report them in the coming weeks.
“Given the extensive overburden cover at Captain, Orestone elected to carry out an airborne MobileMT survey over the entire property as a cost-effective and efficient exploration tool,” noted David Hottman, CEO and Director of Orestone Mining Corp.
“MT geophysical surveying is a deep seeking, electromagnetic method typically employed for defining deep structures, geothermal systems, and targeting deep mineralized systems such as porphyry deposits,” he added
The 100-per-cent owned Captain Gold-Copper Project encompasses 96 square kilometres and hosts a large gold dominate porphyry system located 41 kilometres north of Fort St. James and 30 kilometres south of the Mt. Milligan copper-gold mine in North Central British Columbia.
Orestone Mining Corp is a mineral exploration company.
Orestone Mining Corp. was unchanged at $0.03 at 1:56 PM ET.