Meteoric Resources NL (ASX:MEI) is preparing to carry out an airborne survey over its three largest cobalt projects in Ontario, Canada, with the aim of generating drilling targets.
Geotech Limited has been contracted to conduct a 714 line-kilometre helicopter-borne Versatile Time Domain Electro Magnetic (VTEM) survey.
It will be flown over the Iron Mask, Mulligan East and Beauchamp projects.
READ: Meteoric Resources to begin drilling for cobalt at Mulligan project in Canada
Meteoric’s managing director Andrew Tunks said: “With drilling at Mulligan well underway it is crucial we fast track our summer exploration work by commencing airborne surveys across our three largest cobalt projects in Ontario.
Cost “extremely cheap”
“We have found that the cost of flying airborne VTEM surveys in Canada is extremely cheap when compared to other locations globally.
“Given Iron Mask, Mulligan East and Beauchamp cover over 60 square kilometres of ground prospective for cobalt mineralisation, flying the chopper survey as a first pass is a very cost-effective method for generating targets.”
Anomalies defined by the survey will be modelled in 3D and provide well-defined, high-resolution geophysical targets allowing for advanced exploration at all three locations.
Tunks added: “In quick time the airborne survey will provide detailed results on the potential for mineralisation in the sub-surface.
“It will allow our field crews to continue to complete our target generation for advanced exploration activities, including drilling at our other projects.”
VTEM an innovative system
The VTEM system is the most innovative and successful airborne electromagnetic system to be introduced in more than 30 years.
The system is coupled with a high dipole moment transmitter which provides unparalleled resolution and depth of investigation.
Geometrics split-beam magnetic sensors will also be utilised on the survey.
These sensors will perform continuously in areas of high magnetic gradient to accurately define the Nipissing Diabase in the sub-surface.