Delta to Commence Geophysical Exploration Program at Delcer Buttes Property in Nevada
Delta Mining & Exploration Corporation announce that a geophysical work program will begin this week on the Delcer Buttes gold/copper property in Elko County.
The property consists of 31 unpatented hard-rock mining claims (680 acres) and lies to the east of the Carlin trend which contains numerous mines producing close to 3 million ounces gold per year in total and south of Long Canyon, Fronteer Development’s new Nevada gold discovery.
Gradient Geophysics, Inc. (“Gradient”) will conduct high-resolution magnetometer and high-powered induced polarization (“IP”) surveys to identify potential copper/gold skarn mineralization and possible sediment hosted mineralization which may lie beneath extensive covered areas.
Gradient intends to undertake approximately 50 line kilometers (“km”) of magnetometer and 15 line km of IP surveys. Results of the geophysical exploration work are expected by the end of April. Gradient will provide the Company with a detailed interpretive map of the magnetometer results and an advanced computer model of the IP results to assist the Company in the evaluation of the potential size of the mineralization at the Delcer Buttes property.
