New Age Metals Inc. has reported results from a three-dimensional resistivity and induced polarization survey over the Mustang Zone at its 100%-owned River Valley Palladium Project, approximately 100 kilometres east of Sudbury, Ontario.
The survey covered approximately 4.3 square kilometres and collected 24,781 apparent resistivity and chargeability measurements using 109 autonomous receivers and 354 validated current injections. Integration of the survey results with existing geological data identified six geophysical anomalies, labelled RVM-01 through RVM-06.
Several anomalies are interpreted as shallow-to-moderate depth targets potentially associated with disseminated to semi-massive sulphide mineralization. The northern survey area also produced a geophysical response spatially associated with known platinum group metal, copper and nickel mineralization at Mustang.
Two new chargeability trends were identified outside the currently known Mustang Zone. Trend 2 lies south near the interpreted footwall contact of the River Valley Intrusion, while Trend 3 lies southwest of known mineralization within the intrusion.
Abitibi Geophysics has designed five priority drill targets for further work. New Age Metals Inc. plans ground verification, geological mapping and further target ranking ahead of future drilling.
The Mustang mineralized trend has been traced historically for approximately 4.5 kilometres. The company cautions that the new geophysical anomalies are interpreted exploration targets and do not confirm mineralization.