Nyota Minerals Limited (ASX/AIM: NYO) is pleased to announce the start of the airborne geophysical survey at its 70% owned Ivrea nickel exploration project in the Piemonte Region of Italy.
The survey has been contracted to Geotech (www.geotech.ca) employing their Versatile Time Domain Electromagnetic (‘VTEM’) system. Geotech has a strong working relationship with a local helicopter hire company based in Piemonte, which was one of the key factors in their selection as the demands of flying a survey in the steep terrain will have a fundamental impact on the data that is collected.
For the full story click here.
VTEMmax survey has identified an untested potential northern extension of the zone which was obscured from historical airborne surveys by a powerline crossing the northern part of the property
The correlation of the preliminary ZTEM and seismic data is very encouraging at Esso West and this combination of surveys will aid in drill targeting.
A 12,000-meter to 14,000-meter diamond-drill program is being planned to test for the feeder zones for the near-surface epithermal gold mineralization and the porphyry system at depth using the three-dimensional geophysics interpretation of the BAM Project.
“The start of our exploration program on the recently acquired Charcoal and Castor uranium projects is an exciting development for Cosa.”