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IBC Advanced Alloys Reports Preliminary Interpretation

Investing News Network
Oct. 21, 2010 10:34AM PST
Rare Earth Investing

IBC Advanced Alloys Corp. (CVE:IB) reports its preliminary results of the airborne geophysical survey completed on July 26, 2010 on its beryllium property, Juab County, Utah.

IBC Advanced Alloys Corp. (TSXV:IB) reports its preliminary results of  the airborne geophysical survey completed on July 26, 2010 on its beryllium property, Juab County, Utah.

The press release is quoted as saying:

Analysis of the geophysical survey data delivered in August 2010 by Fugro Airborne Worldwide revealed several extensive northeast-trending fracture zones that previously had not been identified or mapped because of the volcanic tuffs that blanket the prospect area.

Anthony Dutton, President and CEO of IBC Advanced Alloys says:

“We are very pleased with both the Fugro airborne survey preliminary results and the excellent quality of the data.”  “IBC is keen to progress our Juab County exploration program and this data is an excellent platform to guide the next phase of our field exploration program. A number of new geophysical anomalies were detected during the survey,” continued Dutton, “which are analogous to known areas of economic beryllium mineralization. A detailed analysis of the survey data has begun and we anticipate the findings will be valuable as we lay out drill targets based on our new geological understanding of these exciting prospects.”

Click here to access the entire press release.

Click here to access IBC Advanced Alloys’ company profile.

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