| ||January 30, 2007|
New Magnetic Data for the Jennings River Area - Northern B.C.
| ||Vancouver, B.C. - January 30, 2007 - Geoscience BC and Natural Resources Canada (NRCan) are pleased to announce the release of new high-resolution airborne geophysical magnetic data for the Jennings River area (NTS 104 O) in northern British Columbia. The data, presented today at the Mineral Exploration Roundup Conference, provides new insights into the geology of and potential for mineral deposits in the region.|
This new data will allow exploration companies to take a more focused approach to their programs, minimizing the potential costs associated with untargeted mineral exploration. This could lead to exploration for copper, gold and silver as well as nickel and platinum group elements in the Jennings River area. The survey also enhances geological knowledge by identifying structural boundaries within the rock formations below the Earth's surface.
"This survey has provided a spectacular new data set," said 'Lyn Anglin, President and CEO of Geoscience BC. "It is characterized by numerous anomalies that provide new insights into the geology, structure and mineral potential of the region."
"These survey results provide us with new data and interpretations that will increase the potential for exploration and mining in northern B.C.," said the Honourable Gary Lunn, Minister of Natural Resources. "Working with Geoscience BC and the B.C. government on this project is an excellent example of a partnership that benefits both the industry and the community."
Data from the Jennings River survey builds upon previous geological mapping by NRCan's Geological Survey of Canada and the BC Geological Survey Branch, Ministry of Energy, Mines and Petroleum Resources. Complete results from the survey released by Geoscience BC and NRCan are available on-line at NRCan's Geoscience Data Repository for Aeromagnetic Data (gdr.nrcan.gc.ca) or through Geoscience BC's Web site (www.geosciencebc.com).
The survey was conducted following a gap analysis by Geoscience BC's Technical Advisory Committee. It provides the first, public-domain, magnetic data for this region of high-mineral potential. Funding for the survey was provided by Geoscience BC, and project management was undertaken by NRCan.
About Geoscience BC
Geoscience BC is a non-profit, non-governmental organization that works in partnership with industry, academia, government and First Nations and other communities to attract mineral, oil and gas investment to B.C. Its mandate includes the collection, interpretation and delivery of geoscience data and expertise to promote investment in resource exploration and development in B.C.
For additional information, please contact:
C.D. ('Lyn) Anglin
President & CEO
Living Communications Inc.
Acting Director of Communications
Office of the Minister
Natural Resources Canada
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