Angel Gold (TSXV:ANG) has provided an update on its geophysical survey programs targeting a number of prospects at the El Porvenir project in Colombia.
As quoted in the press release:
- Iguanacito Prospect – The Induced Polarization survey over the Iguanacito prospect has been completed and interpretation of the results is in progress. Where interpretation has been completed, strong chargeability responses have been revealed at depth consistent with the location of high grade mineralization assayed in previous surface sampling and trenching. Chargeability highs indicated by an Induced Polarization geophysical survey often reflect a concentration of sulfide minerals, and in the Segovia Gold Belt, as in many other districts around the world, gold-silver mineralization is associated with significant amounts of sulfide minerals.
- Guayabales Prospect – An Induced Polarization survey is also underway at the company’s Guayabales prospect which is associated with an intrusive body with little surface exposure that hosts a large zone of intense sericite-silica alteration as inferred from a combination of historic drill holes (7,217m total drilled for quartz vein deposits) and surface soils geochemistry. We will follow on with a ground magnetic survey.
- Abejero Prospect – An Induced Polarization survey at the Abejero prospect has just commenced, and further results and analysis are still pending.
- Iguanacito Prospect – A ground magnetic survey is underway over the Iguanacito geophysical grid more data will become available for further interpretation and drill targeting.