The survey will use a motorized auger drill to sample the till below the surface sediments. The purpose of the survey is to better define the dispersion of the plume in the till column in three dimensions (3D). Permitting and communication with the stakeholders is underway to start the work phase during the upcoming summer.
The Program
The survey will allow the Company to follow up on till anomalies previously defined. The survey will also inspect multiple geophysical targets located on the Property. The targets include suspected pegmatite dykes that were interpreted from magnetic and lidar surveys. Previously, trenching was unable to reach the bedrock to test geophysics anomalies on the Property. The drill for till survey will allow to better define the till anomalies and their possible sources beneath under surficial cover. This will then allow to define a second diamond drill hole program to test the new anomalies and geophysics targets that are up-ice from any till anomalies.
The till will be drilled using an auger drill equipped with a split spoon sampler. The Company is expected to test approximately 20 holes in a first phase and will permit many holes to allow flexibility during the survey. Total overburden thickness in the area is approximately 15 to 25m deep, based on overburden measurements from the 2022 campaign drillholes and historical data. The hollow core is expected to reach the basal till material before reaching bedrock where it will collect material within the split spoon sampler. All the till column is planned to be sampled. The sampling stations are approximately 40m apart and perpendicular to the glacial flow.
Multiple access points are located on the southern part of the Property and are expected to be used to place the auger drill.
The Elon Property is strategically located in Abitibi, QC at approximately 600 meters northeast of
The Company also announces that it has decided not to further pursue the
Contact:
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Email: info@muskmetals.ca
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements. All statements, other than statements of historical fact that address activities, events, or developments that the Company believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding the intended use of proceeds of the Offering and other matters regarding the business plans of the Company. The forward-looking statements reflect management's current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements including that the Company may use the proceeds of the Offering for purposes other than those disclosed in this news release; adverse market conditions and other factors beyond the control of the Company. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that could cause actual results or events to differ materially from current expectations include general market conditions and other factors beyond the control of the Company. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
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