Hanstone Gold Corp. (TSXV: HANS) has contracted Axiom Exploration Group Ltd for the collection and processing of airborne magnetic data over the company’s Snip North Project near Stewart, British Columbia.
This airborne magnetic survey will be conducted using a manned helicopter equipped with specially designed high resolution magnetometers mounted in a tri-axial array. The survey will be conducted over the a 102 line-km survey over a prospective Area of Interest (AOI) utilizing a line spacing of 100 m and tie lines spaced a 1000 m. Axiom will be responsible for the execution, collecting and processing the magnetic data and report compilation.
The AOI includes prospective target zones outlined in previous satellite surveys from 2020 on the Snip North property. Those survey results showed significant hydrothermal alteration in addition to quartz and significant ferric oxides on the property.
Prospecting and sampling during 2021 summer season verified those results with samples from several gossans. These samples contain up to 5% disseminated sulphides within otherwise variable hydrothermal alteration.
President and CEO, Ray Marks, south of the Snip North Property, recent work on the company’s Doc Property uncovered several extensive mineralised quartz vein structures that were coincidental with low magnetic anomalies. Large diameter diamond drill core results from the 2021 season are pending.
“Management is looking forward to the definition of additional targets on its Snip North Property located in the prolific Golden Triangle of Northern BC,” Mr Marks saids.
“We are confident that data generated from the proposed airborne magnetic survey will provide prospective targets for additional follow-up, prospecting and potential future drill target delineation on the Snip North Property.”
For further information please visit: https://www.hanstonegold.com/