Proactive Investor's  Instablog

Proactive Investor
Send Message
Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
My company:
My blog:
  • AAQ Holdings Commences Airborne Survey To Pinpoint Targets In Albany Fraser Orogen 0 comments
    Nov 27, 2012 6:15 PM

    AAQ Holdings (ASX:AAQ) has hit the ground running, commencing an airborne electromagnetic survey over its newly acquired Plumridge Project within the Albany-Fraser Orogen.

    Investors may recall a VTEM survey was instrumental, as well as geochemical sampling, in Sirius Resourcespinpointing drill targets that unearthed the nickel/copper Nova discovery in the Albany Fraser belt.

    Identified anomalies will be targeted via a subsequent drilling program.

    Primary focus of the 1,400 line helicopter survey is the known magnetic signatures and the interpreted mafic/ultramafic sequences of the eastern tenements to test for potential sulphide bodies.

    AAQ's project is also located 90km south of the Tropicana Gold Project.

    Following the VTEM-max survey, and receipt of the final data, processing and interpretation of the VTEM data will be undertaken to highlight conductive features of interest.

    An integrated interpretation building on all available geological data, drilling results, gravity and magnetic data, together with the VTEM data will be used to define exploration targets.

    Depending on the size, interpreted depth and character of the anomalies identified, follow-up work, either ground EM to refine targets or direct drill testing will be undertaken.

    Background on VTEM-Max

    VTEM-max is a survey technique that uses a helicopter borne 35m loop to generate a powerful signal for exploring to depths of up to 300m (dependant on the host rocks).

    VTEM-max is widely considered one of the better airborne EM systems. The VTEM data will provide increased knowledge of geological structures assisting in the targeting of gold exploration.

    The technique is useful in exploring for conductive anomalies, such as generated by bodies of nickel and copper sulphide mineralisation.

    Proactive Investors is a market leader in the investment news space, providing ASX "Small and Mid-cap" company news, research reports, StockTube videos and One2One Investor Forums.

Back To Proactive Investor's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.