Caribou King Begins Two-phase Exploration Program at Buckingham

Resource Investing News

Caribou King Resources Ltd. (TSXV:CKR) announced that it’s begun a large-scale exploration program at its Quebec-based Buckingham property. The program will consist of two phases.

Caribou King Resources Ltd. (TSXV:CKR) announced that it’s begun a large-scale exploration program at its Quebec-based Buckingham property. The program will consist of two phases.
As quoted in the press release:

Phase 1:  Ground-Based Electromagnetic Survey
The EM survey consists of twenty-nine 100-metre spaced, NW-SE oriented lines across the majority of the property, with additional, 50-metre spaced lines surveyed across the high-potential target zones: the Uncle Zone and Case Zone. Readings will be taken every 25 metres.
Denser coverage across the higher potential zones will assist Caribou’s geological team in defining the extent of previously observed mineralization, while the wider-spaced lines will serve to rapidly cover more area and identify any other conductors on the property.
Phase 2:  Detailed Mapping and Sampling Campaign
Upon completion of the EM survey, Caribou’s geological team will commence a detailed sampling and mapping campaign, covering the entire property. Assays and structural measurements taken during this phase will provide a better understanding of the extent and continuity of mineralization on the property.
The resultant data from both campaigns will be used by the company’s geological team to synthesize a conceptual geological model of the property, which will in turn be used to design a potential drilling campaign.

Mike England, CEO and director of Caribou King, commented:

We are excited going forward as we begin our exploration program at Buckingham. Our approach has been well-calculated by our technical team to be both efficient and expedient. Pending results of the current program, we expect to have a drilling program planned by November 2015.

Click here to read the full Caribou King Resources Ltd. (TSXV:CKR) press release.

The Conversation (0)
×