The Conversation (0)
International Montoro Resources (TSXV:IMT) stated that it has been informed by its contractor, Orbit Garant Drilling Services, that mobilization for drilling at the Pecors anomaly is expected to take place this week. A drill rig, crew and materials will be transported approximately 9 kilometers from the Elliot Lake airport to the Pecors Anomaly drill site.
As quoted in the press release:
The Pecors Magnetic Anomaly was first identified on provincial series total magnetic field maps published by the Ministry of Northern Development and Mines (MNDM) and it was coincident with a bouger gravity anomaly identified on the provincial series gravity maps.
In 2007, Montoro carried out a detailed VTEM and Magnetic survey of the area as part of an exploration program targeted on uranium mineralization in the Huronian sediments. This work outlined the previously identified magnetic anomaly in greater detail and subsequently the company commissioned L.E. Reed Geophysical, to prepare a 3D model of the VTEM survey data which outlined an inversion model of the anomaly that produced a block area with dimensions of approx. 7.5 km x3.5 km, containing a NNW plunging magnetic body whose upper surface rose to approximately 300 – 400 meters below the present topographic surface. Montoro also relocated the position of several historic drill holes in the area that were drilled in 1959. Two of these holes encountered basement rocks at depths of 2001 feet (610 meters), and 1640 feet (499 meters) which consisted of diabasic textured greenstone containing disseminated pyrrhotite, pyrite and chalcopyrite and which provided some additional corroboration with the 3D representation of the anomaly and suggested that the source of the anomaly resided in the older underlying Archean basement rocks.
In 2010 the MNDM released the results of a lake sediment geochemical survey covering the area which outlined a Cu – Ni anomaly proximal to the magnetic anomaly. For further detail review ‘Lake Sediment Geochemical Survey, Ontario Geological Survey, Open file report 6251′. They suggested that one possible source for the lake sediment anomaly was leakage from a buried mafic – ultramafic body.
Montoro president and CEO, Gary Musil, stated:
We are very excited to finally commence drill testing this magnetic anomaly containing possible Ni-Cu mineralization by an initial vertical hole to a depth of 1,000+ meters (1 km). We will be attentive to log traditional Elliot Lake style uranium (and REE) mineralization in the overlying Huronian sediments as the hole progresses to its target depth. We have detailed a graphic view of the approximate location of drill hole #1 positioned on a vertical section of L.E. Reed’s 3D Magnetic Inversion Model and interpretation.
Click here to read the International Montoro Resources (TSXV:IMT) press release
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