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Survey Highlights
- Pioneer will carry out the survey using DRONE-MAG technology.
-Approximately 1,500-line kilometers of UAV Magnetics (67 square kilometres with 50 m spacing).
- An important step for the
Fontaine Project which has not seen modern exploration.
- The proposed magnetic survey will cover the entirety of the
Fontaine Project area to identify high priority drill targets.-
The UAV-MAG Survey can fly at tree-top level with tight-line spacing, which gathers exceptionally detailed data that highlights subtle magnetic features for interpreting structures.- The new survey will help better identify high-priority, cross-cutting features, and structures at the
Fontaine Project . Identification of these features will help define and identify drill targets for our anticipated drill program.- Pioneer uses the GEMSystems™ GSMP-35U/25U which was the first lightweight, high sensitivity, magnetometer specifically designed for UAVs and DRONE-MAG surveys. Pioneer’s sensors are based on GEM’s popular optically pumped Potassium Magnetometer system, which offers absolute accuracy, gradient tolerance, and the highest sensitivity available in the industry.
- The advanced processing such as inversion and basic geological interpretation results are expected within 4 weeks from completion of the DRONE-MAG survey.
The technical data in this new release has been reviewed and approved by
About
The Company controls a 100% interest in the1,214-hectare
The Company controls a 100% interest in placer mining projects on the
Additional information about
For more information contact:
Mr.
President and Chief Executive Officer
780-993-2193
Forward Looking Information: This release contains forward-looking information within the meaning of applicable Canadian securities legislation. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information. In addition, the forward-looking information contained in this release is based upon what management believes to be reasonable assumption. Readers are cautioned not to place undue reliance on forward-looking information as it is inherently uncertain, and no assurance can be given that the expectations reflected in such information will prove to be correct. The forward-looking information in this release is made as of the date hereof and, except as required under applicable securities legislation, the Company assumes no obligation to update or revise such information to reflect new events or circumstances.
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