VR Discovers Large Gravity Anomaly at it’s Ranoke Copper-Gold Property in Ontario, Initiates IP Geophysics and Commences Drill Permitting
Retrieved on:
Wednesday, August 21, 2019
See Figure 2 at the end of this News Release for a complete survey image, and Figure 3 for the co-spatial magnetic anomaly.
Key Points:
- See Figure 2 at the end of this News Release for a complete survey image, and Figure 3 for the co-spatial magnetic anomaly.
- This survey confirms and advances the potential for a large IOCG mineral deposit at Ranoke, one which VR has
the expertise, conviction and funding to advance. - The gravity anomaly at Ranoke is both large, at approximately 4 x 8 kilometres in size, and high amplitude at > 2.5 mGal contrast to country rock.
- As a result of the strong gravity anomaly now evident at Ranoke, the Company has:
Confirmed plans for a ground-based induced polarization geophysical survey (IP), to test for chargeable sulfide minerals associated with the gravity and magnetic anomaly at Ranoke.