California Gold Reports Successful Results from Property-Wide Airborne Magnetic & Radiometric Survey at the Fremont Project

California Gold Mining Inc. (“California Gold” or the “Company”) announced today the results of a recently concluded high-resolution, property-wide helicopter-borne magnetic and gamma-ray geophysical survey and interpretation at its flagship Fremont Property (the “Property”) in Mariposa County, California.

The survey was conducted by Geotech Ltd. (“Geotech”) and involved the collection of geophysical data and colour air photographs along a total survey length of 810 line-kilometres at a nominal line-spacing of 25 metres.  SRK Consulting (Canada) Inc. (“SRK”) was retained to verify the validity of the survey, and to provide a comprehensive structural geology interpretation of the survey results.

A thorough review of the geophysical survey, and its subsequent structural interpretation, has yielded the following positive findings:

  • Very strong correlation between the results of the geophysical survey and the results of the previously conducted surface geological mapping program that delineated extensive new, previously unexplored, zones of mineralization (originally discussed in the Company’s December 4, 2014 press release);
  • ~2.5 kilometres of un-interrupted prospective mineralized strike length in the main shear zone trending NNW-SSE through the middle of the Property encompassing (from north to south) the Queen Specimen Succedo target, the Crown Point target and the Pine Tree-Josephine target;
  • ~2.0 kilometres of prospective mineralized strike length at the WNW-ESE trending Golden Slope target located on the eastern half of the Property, interpreted to be a major lithological boundary;
  • ~1.5 kilometres of prospective mineralized strike length at the NNW-SSE trending Ogle Canyon target located on the western half of the Property, interpreted to be a major lithological boundary;
  • Presence of a major dilational-jog in the main shear zone at the Queen Specimen Succedo target which has the potential to significantly widen the mineralized zone at this target;
  • Presence of significant folding at the Queen Specimen Succedo target which has the potential to cause a repetition of the mineralized zone at this target, thereby increasing its attractiveness as a future prospective exploration area; and
  • A much-improved understanding of the overall structural regime including the significance of major structures that control the extent and orientation of gold mineralization at Fremont.

Details of the Geophysical Survey & Structural Interpretation of Survey Results

Geotech conducted a helicopter-borne geophysical survey at the Fremont Property from October 12th to 29th , 2015. The survey acquired geophysical data over 810 line-kilometres, with a nominal spacing of 25 metres between survey lines.

Read the full release here: 20160112 – AeroMag Airborne Survey Results

Category: News Story

You Might Also Be Interested In