Harvest Gold, a mineral exploration company, has started a diamond drill program at the CUD claim property, which is situated 8 km towards the eastern part of operating gold mine of San Gold in Manitoba.
IP Anomalies on CUD claim
The CUD property is situated immediately to the northern part of San Gold’s claims, upon which #2-3 gold zones are present. Two induced polarization (IP) geophysical anomalies along with a shear zone formed in the Rice Lake gold belt’s volcanic rocks will be examined through the drilling program. The favourable volcanic package has expanded to the CUD property. The San Gold # 2-3 and San Gold 1 zones are present in this package.
Abitibi Geophysics completed a 9.3 km IP survey, which has defined four discrete anomalies from C-07 to C10 and six strong chargeability anomalies from C-01 to C-06. The anomalies C-04 and C-05 are potential targets that form an east-west trend, which is continuous to some extent, across the grid. The company has noted C-04 to be the strongest chargeability anomaly in the CUD property.
The company completed a prospecting program during the fall, based on the IP targets proposed by Abitibi Geophysics. The C-04 IP anomaly has quartz vein material, which is present in a sericitized and silicified altered shear zone. Harvest has planned to analyze this target’s strongest conductivity segments using two holes.
Two 125 m holes will examine the IP anomalies, which are present in 75 m of surface. The geologists of the company completed a three dimensional model, which has shown that the San Gold zone plunges and dips to the property.