Wolverine Exploration Inc. was pleased to announce that the previously announced induced polarization (IP) survey is now in progress on the Cache River Property in Labrador. Conducted by Abitibi Geophysics under the supervision of Robert McKeown, the survey will be used to detect disseminated sulphide that may be sub-surface extensions of known surface showings and drillhole intersections containing copper.
Three drill holes recently drilled on the property intersected significant sulphide mineralization containing visible chalcopyrite. The company has been very encouraged by initial results, in particular by the 62 meters of mineralization encountered in Hole DDC-04-10 and the 16.8 meters in Hole DDC-01-10 and the likelihood that the discovered zones are connected.
The IP survey will be conducted on three separate grids. The main grid includes known surface showings and some drillhole intersections of disseminated copper. The second grid will cover an airborne electromagnetic anomaly that has not yet been drill-tested. The third grid will cover a malachite showing that returned high copper values.
Lee Costerd, Wolverine President & CEO, stated, “The IP survey was recommended to be conducted when the ground is relatively dry but not frozen. It should only take a few weeks to acquire the data and a further few weeks to process and interpret. We see this survey as an important next step in defining and locating the extensions of the surface showings which contained grades of copper ranging from 1.38% to 6.4% to establish drill target locations for a Phase 2 drill program.”
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