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Tolima Gold (TSXV:TOM) reported its phase 1 induced polarization resistivity geophysical program returned multiple anomalies, the first of which has returned an anomalous gold mineralization related to porphyry dikes cutting host schists.
Tolima Gold (TSXV:TOM) reported its phase 1 induced polarization resistivity geophysical program returned multiple anomalies, the first of which has returned an anomalous gold mineralization related to porphyry dikes cutting host schists.
As quoted in the press release:
Phase one of the geophysics survey in the Orofino property consisted of Induced Polarization (IP) surveying over just 15% of a total of 54 linear kilometers planned. The IP program employed the Pole-Pole array and the processing and interpretation of the apparent 3D Resistivity and 3D Chargeability values show all lines returning elevated IP response with the strongest in the Bermejal Creek area. This anomalous sector, which is shown from the surface to the depth limit of the geophysical reading, is approximately 700 meters long by 400 meters wide and would correspond with a zone of high concentration of disseminated sulphides.
Mr. Jaime Lopez, President and CEO of the Company stated:
We are very pleased with this discovery. Our initial drilling has just scratched the periphery of the identified anomaly and the results of our geophysics are directing our next drill holes to the core of the system. We expect significant values from our assaying of samples from our second hole and interesting intercepts from our next holes.