GoldInxs Mining (TSX-V:INXS) has refined six priority targets at its Fishpot Project in central British Columbia, Canada, ahead of its planned 2,000m maiden drilling program.
A 53.4 line-kilometre 3D induced polarisation (IP) survey identified chargeability and resistivity anomalies that coincide with mapped geological features, alteration, and geochemical anomalies.
At the Lightening zone, both IP responses overlap intense silica alteration and geochemical anomalies. The BullsEye target displays a circular magnetic and chargeability response that the company considers potentially consistent with a copper porphyry system. Drilling is needed to test that interpretation.
President and CEO Nick Michael says the combined results are helping narrow the company’s exploration focus.
“Most importantly, we are seeing strong convergence across multiple exploration datasets, allowing us to move from broad target generation to a focused maiden drill program,” Michael says.
GoldInxs has also incorporated reprocessed airborne magnetic data and Virtual DRILL™ survey results into its exploration model. Drilling permits are in place, with drill pad locations and hole orientations being finalised.
As previously reported by Mining.com.au, Fishpot has seen only two historical drill holes totalling 378m, with no drilling since 1995.
The company has dropped its interests in the Millar Property to concentrate resources on Fishpot. It has also commenced trading on the OTCQB Venture Market under the symbol ‘INXGF’.
GoldInxs Mining is a British Columbia-based explorer focused on advancing gold and copper assets.
Write to France Pinzon at Mining.com.au
Main image: GoldInxs
