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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (3990)2/11/2014 12:13:57 PM
From: Andrew~Read Replies (1) of 202143
 
GTA-V
GTA Commences Drilling at the Auden Graphite Project

"Auden Graphite - Diamond drilling has commenced at GTA's Auden graphite project initially targeting three isolated electromagnetic (EM) conductor targets located in the central "Hockey Puck" area. These anomalies are characterized as isolated, moderate to strong bedrock conductors, and all are located within or proximal to the southern extension of the alkaline intrusive complex that hosts Zenyatta Ventures Ltd.'s Albany graphite deposits. All three anomalies appear to be non-magnetic, are accessible by winter trail, and have not been previously drill tested. GTA is also continuing its ground geophysical program of locating and evaluating several other EM conductors identified from the airborne surveys and anticipates further drill testing as these priority targets are outlined.
GTA is the largest land holder in the emerging graphite "camp" and holds the mineral rights to over 69,000 acres. The Albany graphite deposits, located 5.5 km north of GTA's property, were initially discovered by Zenyatta, while testing electromagnetic (EM) targets, and have been described as breccia pipes (diatremes) with dimensions in the order of 200 m by 400 m. GTA's management and geological consultants believe that the graphite breccia pipes that exist on Zenyatta's Albany Project are similar to kimberlite pipes and are likely to occur in clusters along structural corridors that may extend onto GTA's Auden Property.

An Ontario exploration permit is in place and an exploration agreement with Constance Lake First Nation allows for a co-operative continuous field program to evaluate the graphite and other mineral potential on the Auden Property."

http://stockboard.com/news/view.php/gta-commences-drilling-at-the-auden-graphite-project
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