Astorius Resources Commences Geophysical Survey on its Babine Lake Copper-Gold Property, BC
20 11월 2013 - 11:00PM
Access Wire
Astorius Resources Ltd. (ASQ -
TSX Venture) ("Astorius") is pleased to announce that
Peter E. Walcott and Associates has commenced an IP geophysical
survey of the Babine Lake copper-gold property. The property is
located approximately 85 kilometres northeast of the community of
Smithers in the Prolific Babine Porphyry Copper/Gold Belt in
Central British Columbia.
The IP survey - which is
expected to be finished before the end of this month - will consist
of twenty four line kilometres of coverage. The objective of the
IP/resistivity survey is to following up on targets discovered by
the Heliborne Magnetic Survey completed by Astorius in 2011. The
survey will help Astorius's geologists to define potential targets
for porphyry copper-gold (Cu-Au) mineralization. Cu-Au
mineralization in the Babine area is known to be structurally
controlled and to occur in magnetic high margins of
alkalic intrusive bodies.
Over the past three years
Astorius has been accumulating claims in this region and is
currently the largest mineral claim holder in the Babine camp. It
holds a total of 105 claims which have a total area of
approximately 39,023.41 hectares (approximately 96,428.94 acres).
The claims surround the historic Bell and Granisle porphyry
copper-gold mines owned by Glencore Canada Corporation.
The Bell Porphyry Copper-Gold
Mine operated from 1977 to 1992 producing 304,795,539 Kg. of
copper, 12,885,964 grams of gold and 38,319,730 grams of silver
from 77,146,088 tonnes of ore.
The Granisle Porphyry
Copper-Gold Mine operated from 1966 to 1982 producing 214,299,455
kilograms of copper, 6,832,716 grams of gold and 69,752,525 grams
of silver from 52,321,517 tonnes of ore.
The Company will use the data
from the Heliborne Magnetic Survey done in 2011, and the new ground
IP survey, to define detailed geophysical targets prior to diamond
drilling in the 2014 season.
FOR FURTHER INFORMATION PLEASE
CONTACT:
Investor Relations -
Tel: 604.618.1758 e-mail:
mpowell@astoriusresources.com
Fax: 604.277.0815 website:
www.astoriusresources.com
ASTORIUS RESOURCES
LTD.
T.J. Malcolm Powell
President
Neither the TSX Venture Exchange nor its
regulation services provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this News Release.
Astorius Resources (TSXV:ASQ)
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Astorius Resources (TSXV:ASQ)
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