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Gippsland Limited (ASX:GIP,FWB:GIX) has received the final levelled data for the 5,161 line‐kilometre airborne geophysical survey over the Adobha and Gerasi South licence areas in Northern Eritrea held by its wholly owned subsidiary Adobha Resources (Eritrea) Pty Ltd. 

Gippsland Limited (ASX:GIP,FWB:GIX) has received the final levelled data for the 5,161 line‐kilometre airborne geophysical survey over the Adobha and Gerasi South licence areas in Northern Eritrea held by its wholly owned subsidiary Adobha Resources (Eritrea) Pty Ltd.  The airborne geophysical survey covered 19 target areas selected on the basis of Thematic Mapper anomalies, geological targets, and geochemical anomalies identified during geochemical surveys by Gippsland completed during late October to early November 2009, May 2010 and July 2011.

As quoted in the press release:

Interpretation of the data by the Company’s consultant geophysicist has identified 16 electro‐magnetic (EM) anomalies which have been ranked on the basis of their EM response (intensity and decay rate), geological setting, proximity to TM anomalies and presence of coincident geochemical anomalies.

Click here to read the Gippsland Limited (ASX:GIP,FWB:GIX) press release

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