Goldseek Resources Inc (CSE:GSK) (OTCMKTS:GSKKF) has reported results from a Mobile Metal Ion (MMI) soil survey at its Horizon (Hemlo) project in Ontario, which, the company said, added a fifth target to the property for priority follow-up.
This target, called D, sits on the project's southern border, which is shared with major Barrick Gold’s Hemlo lease.
"We are encouraged with the results of our MMI survey and identifying a new target on the Goldseek / Barrick Gold border," said Jon Deluce, Goldseek's CEO in a statement.
"The anomalies are still open, and therefore we will complete a survey this summer to better interpret the results and extend the known anomalies to plan a follow-up drill program," he added.
READ: Goldseek Resources identifies four targets from maiden till program at Val D'Or North property, Quebec
The MMI survey was completed on top of two magnetic anomalies found at its so-called Target B, and the newly identified Target D - now named the North and South grids, respectively.
Both anomalies are open laterally and along strike, noted Goldseek.
On the North Grid, three areas showed significant clustered anomalies. On the western corner of the grid, a very strong and confined gold-copper anomaly is present, with minor molybdenum.
On the South Grid, there is a circular anomaly that contains copper-lead-zinc-cobalt with minor molybdenum-nickel, said the company.
Goldseek says its mission is to find the next major discovery in the mining camps of Urban Barry, Quevillon, Val D’Or, and Detour Gold Trend in Quebec and Hemlo in Ontario.
Contact the author at giles@proactiveinvestors.com