TORONTO, CANADA–(Marketwired – March 17, 2016) – GPM Metals Inc. (TSX VENTURE:GPM) (“GPM”) and Goldeye Explorations Limited (TSX VENTURE:GGY) (“Goldeye”) are pleased to announce that they have received final interpretation reports on the Weebigee Project airborne VTEM/Horizontal Gradient Magnetics Survey (“airborne survey”). Thirty conductors/areas of interest were identified as moderate to high priority targets for gold or base metal mineralization. These targets include extensions of known gold and base metal showings, as well as new conductive trends on recently staked claims. A 2016 field program of prospecting, mapping, powerstripping, and ground geophysics will be used to prioritize the target areas for eventual drill testing.
GPM is the operator of the Weebigee Project.
The airborne survey, along with the 2015 staking and regional compilation programs, have begun to move Weebigee toward a much larger, greenstone belt scale, project. This more comprehensive approach by GPM recognizes that the 2014 high-grade gold drill intersections (Knoll, Bernadette, and RvG4 zones) represent type targets that have the potential to occur throughout the Sandy Lake greenstone belt.GPM’s approach also recognizes the base metal potential of the south portion of the belt (Sandborn Bay area).
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