Commissions High-Resolution Airborne Geophysics Survey At Canadian Property
Panther Metals PLC (LSE:PALM) has commissioned a high-resolution Airborne Electromagnetic (AEM) and Magnetics geophysics survey over the Dotted Lake Property on the north limb of the Schreiber-Hemlo greenstone belt in Ontario, Canada.
Canadian airborne geophysics survey company Prospectair Geosurveys will acquire both magnetic (MAG) and time-domain electromagnetic (TDEM) geophysics data utilising helicopter-borne sensors. Prospectair successfully flew geophysics over Panther’s Big Bear Project in June 2020.
The survey will total a planned 1,024 line-km, flown at 50m spacing with 500m control lines, and orientated perpendicular to the dominant lithological strike direction.
The survey will employ a Geometrics G-822A airborne magnetometer and GEM GSM-19 base station, ProspecTEM Time-Domain Electromagnetic System and Pico-Envirotec Airborne Geophysical Information System (AGIS-XP) incorporating a OmniStar real-time differential GPS, the technical details are outlined below.
This well proven system was developed for increased resolution of near surface targets (within a 100-150m depth range) and is popular with Canadian gold and base metal explorers, with an average of 12,000 to 15,000 line-km of ProspecTEM data acquired every year since 2012.
CEO Darren Hazelwood said it is expected the survey to be flown late October / early November with processed results Panther available for planning the 2021 programme of works over the northern winter break.
The Dotted Lake Property is located 93km east of Panther’s Big Bear Gold Project, 18km north of the Barrick Hemlo Mine and 34km north-east of the Marathon Palladium Project where a proposed open pit mine for palladium, platinum, gold and copper is currently undergoing permitting and planning by Generation Mining,
“We are currently witnessing many exciting developments with millions of exploration dollars being invested in the wider Hemlo area,” Mr Hazelwood said.
“Following a very encouraging exploratory visit to site in September and the accompanying report produced by our Ontario based geologist, we have taken the strategic decision to fly AEM and MAG over Dotted Lake now, giving us time to analyse the data and plan a comprehensive exploration programme, in preparation for the forthcoming field season.
“The survey will be flown by Prospectair, the same company who flew AEM and MAG over the Big Bear Gold Project survey in June of this year.
“The survey over Big Bear has proved instrumental to our work programme delineating a large number of targets for further investigation.”
