viewChase Mining Corporation Ltd

Chase Mining independent review confirms Lorraine VTEM plate models for drilling

Pending any unforeseen delays, drilling is scheduled to begin at the project in early August.

Priority-1 targets at the Lorraine project in Quebec

Chase Mining Corporation Ltd (ASX:CML) has had VTEM plate models for priority sites within the Lorraine project in Canada confirmed by an independent peer review carried out ahead of the first drilling program.

The review by Perth-based Southern Geoscience Consultants (SGC) examined five priority-1 VTEM anomaly sites within the project area.

These five plate models comprising priority drill targets 1 to 5 were generated by Core Geophysics.

As first time ‘greenfield explorers’ in the Quebec Archaean terrane, the company deemed it prudent to commission SGC to undertake a peer review.

READ: Chase Mining granted drilling permit in Quebec, Canada

This showed that there is little difference in the plate locations between the Core and SGC models for targets 1, 2 and 4.

There are minor differences in dip and strike of the plates which may result in slight drill collar moves dependent on topography or changes in dip and azimuth of the holes.

The apparent size difference in the plates is due to the conductance levels applied to the plate.

Modelling of target 3 by SGC resulted in delineation of two smaller conductive plates versus a more continuous but lower conductance plate by Core.

The company has decided to test the western of the two SGC plates, which will also include the western end of the Core model, with a drill site to be positioned to test the eastern plate if needed.

READ: Chase Mining granted six additional claims at Lorraine Project in Canada

Plate model for Targets 1 to 3.

At Target 5, the Lorraine Mine site, the company had instructed Core to target both the VTEM anomaly and an historical DHEM anomaly and SGC was also directed to provide drill collars to test both targets.

Pending access in relation to topography, the SGC drill collars will be used.

Orix Geoscience has completed digitising of the Lorraine Mine underground development – the deposit was mined through to surface and is now represented by the water filled pit in the image below.

The VTEM plate is located east of the shaft and may represent an unmined upper zone to mineralisation that was tested at depth by underground drilling from the ‘eastern drifts.

Finalising drill sites

Data entry for the Lorraine Mine ‘geology and mineralisation’ is in progress and an Orix crew will be onsite from today to finalise drill sites and access.

They will meet The Anishinabeg of Kakinwawigak (The Long Point First Nation) to finalise a permit for access to the exploration areas under their Indigenous Title and Rights.

Pending any unforeseen delays, drilling is still scheduled to begin in early August.

A peer review of the Alotta priority 1 VTEM anomaly is also underway with a view to selecting a historical hole for electromagnetic surveying (DHEM) later in the year or drilling a new hole to test the anomaly if prior DHEM is not possible.

Quick facts: Chase Mining Corporation Ltd

Price: 0.008 AUD

Market: ASX
Market Cap: $1.66 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Chase Mining Corporation Ltd named herein, including the promotion by the Company of Chase Mining Corporation Ltd in any Content on the Site,...



Full interview: Chase Mining leveraged to pioneering study on mullite fibre...

Chase Mining Limited's (ASX:CML) is leveraged to the pioneering research work being carried out by Professor Charles Sorrell from the University of NSW Sydney on the mullite fibre from topaz recovered from advanced tenements at the company’s Torrington Topaz and Tungsten Project in Northern New...

on 19/12/19

3 min read