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Broadway IP Survey Identifies Potential Porphyry Targets at Madison
Broadway Gold Mining Ltd. (TSXV: BRD) (OTCQB: BDWYF) (FRANKFURT: BGH) (“Broadway” or the “Company”) today announced that the property-wide IP survey completed on its 100%-owned Madison copper-gold project was successful in identifying chargeability and resistivity anomalies that could be associated with porphyry-style mineralization at depth. In addition, several shallower features were observed, including the zone …
Broadway Gold Mining Ltd. (TSXV: BRD) (OTCQB: BDWYF) (FRANKFURT: BGH) (“Broadway” or the “Company”) today announced that the property-wide IP survey completed on its 100%-owned Madison copper-gold project was successful in identifying chargeability and resistivity anomalies that could be associated with porphyry-style mineralization at depth. In addition, several shallower features were observed, including the zone currently the focus of the 2017 surface drilling program.
The primary purpose of the survey was to test for a deeper porphyry target and the final report has now been received from Peter E. Walcott & Associates Limited. Madison is located in the historic Butte-Anaconda mining region of Montana, USA.
As quoted in the press release:
“These newly identified shallow and deep anomalies provide Broadway with compelling new drill targets and lead us to believe that there is potential for large-scale porphyry mineralization at Madison,” said Duane Parnham, Chairman of Broadway Gold Mining. “Deep IP geophysics had never been done to this extent at Madison and we believe this promising new information is an important milestone to advance our project.”
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