Silver Spruce Resources Inc. (TSXV:SSE) reported rsults from the high resolution, magnetic / VLF-EM survey and sample results for diamond drilling from the Big Easy gold/silver prospect.
As quoted in the press release:
The results show magnetic lows, most likely representing the alteration coincident with the mineralized zones at both the BE and ET zones. These two established zones are joined by a sinuous magnetic low, which may represent alteration/mineralization linking the two known zones. The overall sinuous nature of the magnetic low is believed to be related to crosscutting faults, which may offset the alteration system as shown by magnetic highs representing mafic dikes emplaced along ENE and NW trending structures. The VLF-EM survey shows the ENE and NW trends as conductive zones, most likely representing water filled shear systems.
Silver Spruce’s President and CEO, Peter Dimmell, said:
The significance of the probable continuation of the alteration/mineralization over the 5 km plus strike length from the Big Easy to the ET zone is that the trend is becoming more defined as we continue exploration along the strong, extensive, mineralized alteration zone – which has only been tested by 12 drill holes over 1.2 km at the Big Easy itself, in the northern part of the property.