Commences Next Phase At Big Bear Project
Panther Metals PLC (AIM:PALM) has commenced a high-resolution Airborne Electromagnetic (AEM) and Magnetics geophysics survey on the Big Bear, gold focused, property in Ontario, Canada.
Panther has commissioned the experienced Canadian airborne geophysics survey company Prospectair Geosurveys to fly an AEM and Magnetics survey over the Big Bear Project, commencing today.
Airborne Electromagnetic & Magnetic Geophysics Survey Details
- Prospectair will acquire both magnetic (MAG) and time-domain electromagnetic (TDEM) geophysics data utilising helicopter-borne sensors.
- Survey will total a planned 678 line-km, flown at 100m spacing with 1,000m control lines, and orientated perpendicular to the dominant lithological strike direction.
- Will be flown by Prospectair’s Eurocopter EC120 helicopter allowing for smooth line-to-line compatible draping of topography and for data capture at an average 3.3m interval, with the 5.6m TDEM diameter loop.
- Helicopter will fly at an altitude of 85m with the MAG detector and TDEM transmitter at a nominal ground clearance of 60m and 35m, respectively.
- 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.
Preliminary survey data is expected to be available within three days of the survey completion with the data modelling and interpretation report expected during July.
Panther CEO, Darren Hazelwood, said the company’s geological field team who are currently working on the ground will be supplied with the daily survey reports allowing for the fast-track ground investigation of any stand-out anomalies identified during the survey.
“We are delighted to announce the commencement of the planned airborne geophysics survey over the Big Bear Project in Canada, following the survey company arriving at the local Terrace Bay Airport yesterday,” Mr Hazelwood said.
“The survey system utilises well proven technology with the capability to identify potentially mineralised targets down to a depth of 150m. The survey data will allow Panther to fast track the identification of drill targets in the highly prospective greenstone belt terrain.
“The survey is being carried at a very competitive cost, taking advantage of a reduced mobilisation fee due to Prospectair completing the flying of another survey on a near-by property, yesterday. “Whilst we had previously tendered for magnetics data alone the addition of the AEM sensor will supplement the exploration data with the ability to identify base metals and zinc mineralisation that could occur within the property. We look forward to providing further updates in the near-future at what is a very exciting exploration stage for the company.”