Significant new exploration targets revealed by regional airborne survey gas city indiana post office


“Until earlier this year, our exploration activities had been essentially suspended since 2011, and what work has been completed has been confined to ‘headframe exploration’ around the Palito and Sao Chico orebodies. It is very exciting to finally be able to undertake some initial regional exploration activity. gas in oil causes Serabi’s tenements located between Palito and Sao Chico have, until now, been largely untested, notwithstanding that the areas have been the subject of considerable historical artisanal gold production over the years. gas kansas This survey is the first real indication of the potential that exists within the Company’s wider exploration tenements and, at the same time, complements the ground geophysics work that is ongoing around Sao Chico.

“A smaller but nonetheless very exciting anomaly is the ‘Cinderella shear’ which is located traversing the Sao Chico mining license area in a south west to north east trend. The airborne survey results highlight an eight kilometre long magnetic and electromagnetic high which is very coincidental with the four kilomtere long chargeability ‘high’ identified by the ground geophysics IP survey, as reported in the Company’s news release of 20 September 2018.

“The survey has also identified an extremely interesting EM anomaly trending north-south and located to the south east and east of the Sao Chico tenement. Our current ground geophysics and drill programmes have not extended out this far and this is therefore untested ground. electricity and magnetism worksheets high school As a completely new find and considering that it extends for more than 10 kilometres, is a very exciting development.

“The results of the survey are better than we had hoped for. gas pump heaven The scale of some of the features that have been identified are significantly larger than the signatures that we see for the existing Palito and Sao Chico orebodies. I am looking forward to the Company being able to start the initial follow-up work which will provide a clearer indication of the future potential”.

The survey was undertaken by CGG Brazil, formerly Fugro, who were contracted to complete a 4,400 line kilometre HELITEM30C electromagnetic and magnetic airborne geophysical survey during July 2018. electricity worksheets ks1 The survey consisted of a series of traverses oriented at 30°/210°, spaced 100 metres apart, with a total of 4,002 kilometres flown. A further 401 line kilometres of 1,000 metre spaced traverses were flown, as tie lines, perpendicular to the orientation of the general survey traverses.

The scientific and technical information contained within this announcement has been reviewed and approved by Michael Hodgson, a Director of the Company. Mr Hodgson is an Economic Geologist by training with over 26 years’ experience in the mining industry. gas emoji meaning He holds a BSc (Hons) Geology, University of London, a MSc Mining Geology, University of Leicester and is a Fellow of the Institute of Materials, Minerals and Mining and a Chartered Engineer of the Engineering Council of UK, recognising him as both a Qualified Person for the purposes of Canadian National Instrument 43-101 and by the AIM Guidance Note on Mining and Oil & Gas Companies dated June 2009.

Certain statements in this announcement are, or may be deemed to be, forward looking statements. electricity vampires Forward looking statements are identified by their use of terms and phrases such as ‘‘believe’’, ‘‘could’’, “should” ‘‘envisage’’, ‘‘estimate’’, ‘‘intend’’, ‘‘may’’, ‘‘plan’’, ‘‘will’’ or the negative of those, variations or comparable expressions, including references to assumptions. These forward looking statements are not based on historical facts but rather on the Directors’ current expectations and assumptions regarding the Company’s future growth, results of operations, performance, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, business prospects and opportunities. electrical supply company near me Such forward looking statements reflect the Directors’ current beliefs and assumptions and are based on information currently available to the Directors. A number of factors could cause actual results to differ materially from the results discussed in the forward looking statements including risks associated with vulnerability to general economic and business conditions, competition, environmental and other regulatory changes, actions by governmental authorities, the availability of capital markets, reliance on key personnel, uninsured and underinsured losses and other factors, many of which are beyond the control of the Company. Although any forward looking statements contained in this announcement are based upon what the Directors believe to be reasonable assumptions, the Company cannot assure investors that actual results will be consistent with such forward looking statements.