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QuestEx Gold & Copper (TSXV:QEX) announces results of induced polarization survey

Mining, Sponsored, The Watchlist
TSXV:QEX
14 December 2021 12:15 (EDT)

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QuestEx Gold & Copper (QEX) has announced the results of a 24-line-kilometre induced polarization survey conducted on QuestEx’s KSP property located in B.C.

The IP survey identified a new top-tier porphyry copper-gold exploration target by testing beneath the extensive 8 by 3.5 km Sericite Ridge alteration zone, where it identified an approximately 1,500 by 1,000-metre area with coincident high chargeability and high resistivity, a geophysical signature consistent with porphyry copper-gold systems.

Tony Barresi, QuestEx’s President sat down with Caroline Egan to discuss the survey results.

“Porphyry copper-gold deposits in the Golden Triangle and around the world have geophysical signatures comparable to what we are seeing at Sericite Ridge. Sericite Ridge has long been recognized as having porphyry copper-gold potential, but previous drilling focused on near surface copper and gold mineralization or shallow magnetic anomalies. The Induced Polarization survey conducted this year has identified a truly ‘porphyry-sized’ target, shallowly buried, in the middle of the impressively large Sericite Ridge alteration zone. This is a first-order porphyry target with all the signature geology, geophysics and geochemistry characteristics, and located in the heart of a district that hosts some of the world’s largest porphyry copper-gold deposits.”

QuestEx Gold & Copper Ltd is a mineral exploration company focused on acquiring and advancing mineral properties located in the Golden Triangle and the Toodoggone area of British Columbia.

Questex Gold & Copper Ltd. (QEX) opened trading at C$0.65 per share.

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