Welcome To The Inspiration Mining HUB On AGORACOM
The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.
Message: Here's what one company did with their VTEM (by Geotech)
Our company is not really in the habit of discussing what they do, why they do it or even when they do it with any degree of absolute certainty..... So I look to another exploration company to break down what a VTEM can do for a property when used in conjunction with or as a follow up to a drilling program. BTW I wonder where we are with our IR/PR plan to increase and unlock shareholder value?
FYI , it's just a guess on my part if our previously announced VTEM (June 26) has taken place is being done or is about to be done. How do we know?
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http://www.marketwatch.com/news/stor...
Probe Mines Updates on its McFauld's Lake Area Properties; VTEM Airborne Survey Completed
Last update: 8:19 a.m. EDT Sept. 2, 2008
TORONTO, ONTARIO, Sep 02, 2008 (MARKET WIRE via COMTEX) -- The Directors of PROBE MINES LIMITED (CA:PRB: news, chart, profile) ("Probe") are pleased to provide an update on its McFauld's Lake area properties. Following drill programs on both Victory and McFauld's West projects (see press release 11/2008) a VTEM survey was contracted to Geotech Ltd. covering the McFauld's West and Victory projects, as well as a number of satellite properties. The survey has now been completed and the Company is waiting for preliminary results. A further announcement will be made when the data is available and the results have been interpreted.
The survey will be used to plan a follow-up drill program on the Victory property and guide ground geophysical surveys on the McFauld's West property in preparation of second phase drilling. It is expected that these programs will commence before freeze up, weather permitting.
Victory Project
The recently completed VTEM airborne survey was flown as a follow-up to the previous diamond drilling program where 30m of sulphide-mineralized ultramafic intrusive rock was intersected in diamond drill hole V08-27. The intersection occurred at the end of a discrete airborne anomaly that can be traced for at least 300m on the property. Assay results from Victory drilling contained anomalous values of nickel, copper and platinum group elements (PGE), with highs of 0.2% combined Ni and Cu and 0.21g/t combined Pt-Pd. Owing to depth limitations of previous airborne data acquired over the area, the VTEM survey was contracted to provide a greater degree of accuracy for proposed fall drilling.
The discovery of anomalous values of nickel, copper and PGE in sulphide mineralized rocks is considered to be a significant turning point in exploration on the Victory project. The mineralization represents a potential nickel-bearing system over 30km from the Eagle One discovery in a separate volcanic belt. Although removed from the original discovery, the geological setting is similar, with the ultramafic rocks occurring at the outer contact of the volcanic belt. The importance of the Victory ultramafic in describing a more regional potential to nickel mineralized systems in the McFauld's Lake area is significant, and management believes that further discoveries are possible in similar settings.
McFauld's West
In response to diamond drilling results on the McFauld's West property, a VTEM survey was flown in order to provide deeper penetration than the previous AeroTEM survey. Peridotite, similar to that hosting Eagle One sulphide mineralization, was identified in holes MW08-02 and MW08-08, however, no explanation for geophysical anomalies was observed. To more accurately locate potential bedrock conductors the VTEM data will be used to orient a deep-penetrating ground geophysical survey at 100m line spacing, which is at considerably higher resolution than the previous 400m-spaced grid.
The presence of peridotite on the property is encouraging, and management will continue to aggressively explore the property, which includes a second phase drilling program expected to commence in the fall."
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Read ours below and see the difference??
| June 26, 2008 - 11:58 AM EDT |
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TORONTO, ONTARIO--(Marketwire - June 26, 2008) - Inspiration Mining Corporation (the "Corporation") (TSX:ISM)(FRANKFURT:OI8) is pleased to announce it has commissioned Geotech Ltd. ("Geotech") of Aurora, Ontario, Canada to conduct a helicopter-borne geophysical survey of the Langmuir Property using Geotech's Versatile Time-Domain Electromagnetic ("VTEM") geophysical system. The VTEM is the most innovative and successful airborne electromagnetic system to be introduced in more than 30 years. It is excellent for locating discrete conductive anomalies as well as mapping lateral and vertical variations in resistivity. The VTEM system has a high sensitivity cesium magnetometer for mapping geologic structure and lithology and a cesium magnetometer base station for diurnal correction. "The VTEM survey represents a significant step towards the development of the Langmuir project," said Randy Miller, President of the Corporation. "The survey will provide valuable information as to the mineral potential of the property and will enable the Corporation to fully develop the potential of the property." Geotech provides full service contract airborne geophysical surveys with their proprietary, large dipole moment, VTEM system. Geotech operates nine VTEM systems in Canada of the world-wide total of 22. Their clients are mainly from the mineral and petroleum exploration industries. Its proprietary VTEM system, in the five years since its first commercial survey, has become the airborne system of choice by the exploration community. A number of exploration successes have been attributed to VTEM surveys by the exploration companies." |
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