InvestorsHub Logo

dr_airtime

11/18/16 11:20 AM

#32873 RE: dr_airtime #32707

GPM.V - zinc exploration. First drill results. Nothing....

...so far but never explored here before due to multi decade land access issues. They tested the outcropping gossan which makes sense (lowest hanging fruit) but market will now be waiting for RC results from next target to northwest I extracted below. From what i understand lead is an indicator you may be near the system but looking for world class zinc-lead hits (+50m, +5% zinc-equivalent) intersecting the heart of a mineralized system.

The RC drilling will infill the wide spaced diamond drill pattern and then move northwest to test a combined magnetic and gravity anomaly.

The North – South trending magnetic and gravity anomaly is located 5km north of WD#7 and 1.5km west and down-dip of the outcropping gossanous Balbirini Fm. This anomalous feature is interpreted to be a basin margin fault and the potential major conduit for mineralising fluids


Press release:

http://www.gpmmetals.ca/node/72

Locations and results detail here on website:

http://www.gpmmetals.ca/australia