Airborne geophysics survey commences in Northern Territory
Inca Minerals Limited (ASX:ICG) has commenced a 25,888 line-kilometre airborne magnetics-radiometrics survey (AMAGRAD) at the Frewena Group Project in the Northern Territory.
Managing Director Ross Brown said the survey is co-funded by the Northern Territory Department of Primary Industry and Resources (NTPIR) for $100,000 under its Geophysics and Drilling Collaborations Programme.
The purpose of the survey at Frewena is to better define existing IOCG targets and to discover possible additional targets. The survey is expected to be completed in approximately 10 days, with interpretations within three to four weeks.
Line spacing on the AMAGRAD production flights is 50m and the sensor height is 30-40m with data capture and processing commencing at the same time as the AMAGRAD survey.
“AMAGRAD was used to great effect at Riqueza,” Mr Brown said. “On this occassion we are exploring for tier-1 iron-ore, copper and gold (IOCG0 deposits which have readily identifiable geophysical signatures.”