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Recently completed geophysical surveys including an Induced Polarization has led to the discovery of three new Anomalies on the Sunset Cove (TSX:SSM) Carolay Silver Polymetallic property, and reported an increase in the width and length of the two previously identified anomalies
Recently completed geophysical surveys including an Induced Polarization has led to the discovery of three new Anomalies on the Sunset Cove (TSX:SSM) Carolay Silver Polymetallic property, and reported an increase in the width and length of the two previously identified anomalies.
As quoted in the press release:
Sunset Cove is currently drilling on Anomaly number 1 and will drill the second Anomaly in the second half of this year.
Recent work has found Anomaly 3, located 750 meters southeast of Anomaly 1, which is parallel to the Carolay structural system. In terms of structure, it matches the magnetic profiles of the Carolay vein very well. Anomaly 3 is 100 meters wide and 350 meters long.
Anomaly 4 is smaller and located north of Anomaly 2 and is 525 meters in length by 260 meters in width. In addition, just to the southwest of Anomaly 4 is a fifth Anomaly that measures 1000 meters by 500 meters. Further work needs to be done to confirm that these two anomalies are related to the well-known Anomaly 2.
Sunset Cove President and CEO, Lorne Woods, said:
“Because of the new information from the geophysical surveys our geological team has become very enthusiastic,” “They believe that it is becoming clear that there are a number of parallel zones to the Carolay vein and that the magnetic profiles match up well to the Carolay Vein which means they may be similar enough to contain conducting massive, semi-massive and polarizable disseminated sulfides which could correspond with economic mineralizations.”
Click here to read the Sunset Cove (TSX:SSM) press release
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