![](https://investorshub.advfn.com/uicon/172942.png?cb=1466514462)
Thursday, November 10, 2011 4:19:47 PM
The Company observed at least three families of magnetic lineaments from the airborne survey. The first is oriented at about 070°, and outlines the north boundary of the Lac des Montagnes volcanic belt. The second is oriented at approximately 040° and is located in the paragneiss. The third is oriented NW/SE and has been mapped in the field as a regional diabase dyke. The most interesting magnetic feature is the magnetic lineament located on the south part of the property, which seems to outline the north boundary of the volcanic belt. The Report states that this horizon can be fertile mainly for sulphide-type mineralization and is associated with a magnetic lineament.
I've done some research and am finding that gold ore is most likely associated with magnetic lineaments. Other than that, I'm no geologist and will await others' comments on the NI-43-101.
GLTA
edit: here is one source describing previous finds of gold with magnetic lineaments: http://www.petroleumnews.com/mnarch/05-40-10.html
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM