International Montoro Resources (TSXV:IMT) announced an update to Pecors hole No. 2 at their Pecors-Serpent River, Elliot Lake, exploration program.
Pecors Hole #2 (“PDH-2”)
Crone Geophysics & Exploration Ltd. (“Crone”) of Ontario has completed the probing to the bottom of hole PDH-2 at 1317m utilizing its 3-D Borehole Pulse EM System. The system has 400m radius or more from the probe. This data set combined with information from PDH-1 gives Montoro continuous below surface geophysical coverage for an area 1400 m long, 600-800m wide, as well as a further 400m below PDH-2. The final report of the probing is expected to be released this month, and will allow Don Hawke, consulting geologist to compile this data with drilling results for a final report.
The main objective of this drilling and probing program was to better understand the geology and the nature of the VTEM magnetic anomaly identified during the airborne survey and the 3-D interpretation; and to search for off hole conductive bodies that could be caused by massive sulphides in the permissive gabbro unit.
The Pecors Anomaly has now been defined by two coincidental surveys (magnetic, gravity). The 3-D interpretation of the VTEM survey magnetic data afforded Montoro information to position the first two drill holes, and Montoro will continue to define the Pecors anomaly using some of the best techniques available. The petrographic analysis on PDH-1 gave Montoro a better understanding of the mineralogy and petrology of the gabbro and its contained sulphide mineralization.