MAG-EM Survey Unveils New Targets In New Brunswick
Vision Lithium Inc. (TSXV: VLI) (OTCQB: ABEPF) has identified two high priority EM target areas with the results of an MAG-EM survey over its Red Brook property in New Brunswick, Canada.
The ~900 km helicopter-borne magnetic and electromagnetic survey (MAG-EM) was flown at 50-metre spacings over the property. Flown at low altitude, the survey collected high resolution data.
EM anomalies identified by the survey are located along the outline of the Red Brook granite intrusive, the likely source for mineralisation on the property. Two large EM target-areas have been identified, one with anomalies over a distance of 1km long and the other over 500m.
President and CEO, Yves Rougerie, said the conductive zones identified by the survey are likely related to the porphyry and skarn-type mineralisation that has been identified to date on the Property.
A previous operator completed a series of wide-spaced ground IP lines which identified several large, buried chargeability anomalies. Historical outcrop sampling has returned zinc values of up to 15% Zn as well as gold and copper values up to 2.62 g/t Au and 0.5% Cu.
“The Vision Lithium team is very excited about these findings from the MAG-EM survey over Red Brook which, combined with the historical data, provide some excellent targets,” Mr Rougerie said.
“These targets have a strong EM signature and are very sizeable stretching over a kilometre. We are currently in the final stages of planning drill targets and will announce details of the drill programme later this month, or early June.”
Vision Lithium’s 100% owned properties in New Brunswick include two contiguous exploration properties – Red Brook and Benjamin– and cover 4,760 hectares over a strike length of 20 km+ located approximately 60 km West of the mining centre of Bathurst in Northern New Brunswick.
