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

A previously completed soil survey defined three main targets on the Bonanza property, with additional anomalies to be further investigated

Gold
The IP surveys were performed over areas where early off-time conductor anomalies were found during a 2018 airborne survey

Goldseek Resources Inc (CSE:GSK) (CNSX:GSK) announced Wednesday the completion of an induced polarization (IP) geophysical ground survey on selected targets of the Bonanza property at Urban Barry in Quebec. 

The previously completed soil survey defined three main targets on the Bonanza property, with additional anomalies to be further investigated. Target 1 and the western part of Target 2 have been investigated during this IP survey. 

The company said the IP surveys were performed over areas where early off-time conductor anomalies were found during a 2018 airborne survey. The third target will be investigated with additional soil sampling and prospecting during a trenching survey to start by the end of the month on Target 1 and 2.

READ: Goldseek Resources has four shots at goal at some of Canada's best-known gold exploration camps

After obtaining the IP preliminary results, a trenching program was planned, and the permitting process is currently underway to allow trenching on the different IP anomalies. 

Goldseek said it will be trenching over different types of chargeable and conductive anomalies to better define the possible source of the soil anomalies discovered on the property. Multiples conductive axis were also defined and will be trenched over.

The company said that before the trenching, a prospecting program will be conducted to confirm the presence of surface mineralization as defined by the IP survey. The information generated by the prospecting and trenching phases will be used to further define a drill program that will start before the end of the year.

"We are encouraged with our targets at Bonanza being further defined through the preliminary IP data,” said CEO Jon Deluce in a statement.

“Once we receive the final data and finish our analysis, we will provide a further update on the interpretation of the results and our updated drill targets. This is another piece supporting the strength of our drill targets in Quebec's next major gold camp, with 8.5M oz of resources discovered to date. We look forward to kicking off our maiden drill program before the end of the year."

Contact the author: [email protected]

Follow him on Twitter @PatrickMGraham

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