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    gold investing

    Angel Gold Geophysical Survey Identifies Anomalous 1200m X 200m System at Guayabales Prospect

    Priscila Barrera
    May. 24, 2017 08:49AM PST
    Precious Metals

    Angel Gold Corp. (TSXV:ANG)(OTCQX:ANGCF) (“Angel” or the “Company”), is pleased to announce that the geophysical surveys at the Guayabales Prospect of the El Porvenir project in Antioquia, Colombia, has revealed a large zone of coincident magnetic, chargeability and resistivity anomalism that corresponds to a zone of sericite and silica alteration indicated from Angel’s geologic work. …

    Angel Gold Corp. (TSXV:ANG)(OTCQX:ANGCF) (“Angel” or the “Company”), is pleased to announce that the geophysical surveys at the Guayabales Prospect of the El Porvenir project in Antioquia, Colombia, has revealed a large zone of coincident magnetic, chargeability and resistivity anomalism that corresponds to a zone of sericite and silica alteration indicated from Angel’s geologic work. The coincidence of chargeability, resistivity and ground magnetics anomalies with geology and geochemistry is encouraging in the region where the company has identified breccia-hosted silver-gold mineralization in surface sampling.
    As quoted in the press release:

    • Pseudosections show known sulfide breccia mineralization in an historic drillhole specifically coincident with a moderate chargeability anomaly. An adjacent line reveals a much stronger chargeability anomaly at depth.

    • Significant is the fact that much stronger and larger chargeability response is located under a geochemically anomalous north-south trending ridge.

    These two anomalous bodies, while occurring in a single apparently continuous zone of alteration appear to be discrete zones of chargeable response with strong responses along both zones at depth.

    Click here for the full text release

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