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He announced the completion of a high-resolution heliborne magnetic survey, which revealed a significant new target, designated as DEM2. This newly identified target shares similarities in scale and geophysical characteristics with the DEM1 porphyry prospect.
According to Keough, DEM2 is situated approximately 4 kilometers southeast of the DEM1 target, separated by a granitic intrusion. The decision to conduct the survey followed a successful 3-hole reconnaissance drill program carried out late last year on the DEM1 prospect.
This program targeted a multi-element geochemical anomaly in soils overlaying strong magnetic, IP chargeability, and resistivity anomalies.
The company plans to provide further details on its plans for the 2024 field season, which may include drilling activities to follow up on the results obtained from the previous drill program conducted last fall. This demonstrates
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