The recently received drone magnetic survey results (see image below) have highlighted with extreme detail numerous subtle structures that were non-existent when compared to the regional magnetic survey.
The goal of this drill program is to follow up on previous drill results and bulk sampling done on the RIM vein where a 5 to 10 metre cluster of gold bearing veins were intersected at approximately 50 metres under the RIM vein surface showing. In addition, the bench scale bulk sample on 129 kilograms and metallurgical recovery test done on the vein material at surface returned an average grade of 79 g/t Au (see X-Terra press release,
The RIM high grade vein system is now strongly believed to be associated with a kilometric fold hinge developed along a regional north to north-east shear system which is developed in sediments. A previous till survey conducted by X-Terra in the fall of 2018 highlighted a series of positive results located approximately 1.0 to 1.5 kilometres south of the RIM vein system. There is a strong belief that the vein pattern is controlled by lithological contrasts, folding and possible minor faults. The new detailed magnetic survey is an excellent illustration that provides X-Terra's geological team the ability to detect and interpret the gold bearing structural pattern.
The current program will cover approximately 600 metres of strike length inside a north to north-east kilometric fold hinge. Eight new holes are currently planned over high priority targets hosting magnetic contrasts and with trends highlighting similarities with the RIM high grade showing environment.
Qualified Person
Jeannot Théberge,
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