Goldseek Resources Inc (CSE:GSK) said Tuesday that survey results from its Bonanza property in Quebec have defined new surface trenching and preliminary drill targets.
The results of the induced polarization (IP) survey will help Goldseek to plan an upcoming drill program at Bonanza that is anticipated to begin in December.
A team is onsite and trenching is already underway on the anomalies that extend to the surface, the junior company told shareholders.
READ: Goldseek Resources to conduct trenching program on select targets on Bonanza Property at Urban Barry in Quebec
The survey, which consisted of cut lines extending for nearly 17 kilometres in a northeast-southwest direction, helped to narrow the area of interest for trenching and drilling a mineralized source, according to Goldseek.
Current drill targets at Bonanza
Targets 1 and 2 are located on a 15-kilometre-long iron formation that houses two boulders with gold mineralization, indicating that the formation may contain gold in its system. Target 3 is a soil and rock anomaly in the centre of the property near a high magnetic anomaly part of the same iron formation.
“The presence of these strong IP targets up ice from the till anomalies, including gold, silver and base metals, make these exciting drill targets for our maiden program which commences next month,” CEO Jon Deluce said in a statement.
London, Ontario-based Goldseek has a portfolio of assets in Ontario and Quebec.
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