Cerro Grande Mining Corp. (TSX:CEG,OTCQX:CEGMF) announced that Toronto’s Quantec Geoscience is now in the final stage of interpretation of an Orion 3D Direct Current Induced Polarization (DCIP) and Magnetotelluric (MT) Inversion Geophysical study for the company’s Chile-based Santa Cecilia property. The intent of the study is to provide Cerro Grande with “detailed magnetotelluric information and induced polarization data.”
As quoted in the press release:
In summary the geochemical, MMI and CSAMT study followed by the Orion 3D CIP and MT Inversion surveys has provided an accurate delineation of deep seated alteration zones that host mineralization. The 3D DCIP results gave a detailed insight of the area to a depth of approximately 1,000 mt. and the MT Inversion study results suggest a significant extension of the deep alteration zone laterally and vertically to a depth of nearly 2,000 mt.
Utilizing the information obtained from the Orion 3D DCIP and MT Inversion study Quantec will recommend Drill Targets to test the anomalies found. A complete report on the results of the Orion 3D DCIP and MT Inversion study is expected to be completed by early March, 2013.