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Goldseek Resources to conduct trenching program on select targets on Bonanza Property at Urban Barry in Quebec

A program consisting of 12 trenches totaling about 290 line-meters will start at the beginning of November and take about 10 days to complete.

Goldseek Resources Inc. - Goldseek Resources Inc to conduct atrenching program on selected targets of the Bonanza Property at Urban Barry in Quebec
Goldseek said the trenching targets are located on a 15km long iron formation that is locally conductive

Goldseek Resources Inc (CSE:GSK) (CNSX:GSK) announced Wednesday it will conduct a trenching program on selected targets of the Bonanza Property at Urban Barry in Quebec. 

The company said trenching targets were placed on the previously announced IP found conductors located close to the surface. 

Goldseek said an IP investigation was completed following the discovery of multiple soil anomalies located down ice from a 15 kilometer-long conductive anomaly defined by an airborne VTEM survey. A program consisting of 12 trenches totaling about 290 line-meters will start at the beginning of November and take approximately 10 days to complete.

READ: Goldseek Resources completes IP geophysical ground survey on selected Bonanza property targets in Quebec

"This maiden trenching program on IP anomalies aims at finding a possible source of the previously discovered soil anomalies down ice from the currently worked areas,” said CEO Jon Deluce in a statement. 

“Trenching is the final step towards confirmation of drill targets for December 2020, and the results will help us better interpret the IP anomalies that were defined. By following our proven systematic approach to define our drill targets, we have increased our chances of making a discovery in the Urban Barry Camp. We look forward to keeping investors updated on our progress and commencing our maiden drill program in December."

Goldseek said the trenching targets are located on a 15km long iron formation that is locally conductive. This formation is expected to be the source of the soil anomalies located down-ice of Target 1, which had anomalous elements of: Au, Ag; Co, Cu, Mo, Zn; and As, Te, Ni, Se, Sb, Hg, Tl & Rb.

Goldseek said following up on these geochemical anomalies, the IP survey conducted earlier in October 2020 defined 60 geophysical resistive and chargeable anomalies on the Bonanza Property. The intensity of the anomalies; the superposition of chargeable and resistive anomalies; the magnetic association; the width of the anomalies; and the continuity at depth of the anomalies were used to define the priority level of the trenches. 

The company said it will soon disclose the results of the IP survey once the final interpretation is obtained.

Anomalies not identified at surface were not targeted for this trenching campaign, and they will be tested through drilling, which is expected to start in December 2020. The upcoming drill program will also follow-up on any discoveries made during this program, the company said. 

Contact the author: patrick@proactiveinvestors.com

Follow him on Twitter @PatrickMGraham

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Price: 0.26 CAD

CSE:GSK
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