New Airborne Gamma-Ray Spectrometric and Magnetic Data in Bonaparte Lake Area
Vancouver, BC -- April 3, 2007 -- Geoscience BC, in partnership with Natural Resources Canada's (NRCan) Targeted Geoscience Initiative 3, Candorado Operating Company Limited, Amarc Resources Limited and GWR Resources Limited, is pleased to announce the release of new airborne gamma-ray spectrometric and magnetic data in the Bonaparte Lake Area (parts of NTS 092P and 093A), spanning 8900 square kilometers from Kamloops, BC north to Lac La Hache. The data, presented at the Kamloops Exploration Group Conference, provides new insights into the geology and mineral potential in the region.
"The results of this survey will identify new potential targets for mineral exploration in the Bonaparte Lake area," states 'Lyn Anglin, President & CEO of Geoscience BC. "Without a doubt, the survey will stimulate new interest and investment in resource exploration in the region."
"These survey results provide new data and interpretations that will increase the potential for exploration and mining in B.C.," said the Honourable Gary Lunn, Minister of Natural Resources. "This survey is yet another great example of a partnership to produce public geoscience that benefits both the mining industry and area communities."
The Bonaparte Lake area has very good potential for a number of mineral deposit types, particularly copper and gold. However, exploration in the region has been limited by the extensive glacial material and young volcanic rocks which cover the rocks of potential economic interest.
The new magnetic survey information will improve the understanding of the rocks, especially where they are hidden by glacial cover, will help target areas for further exploration, and will aid in future bedrock and surficial mapping projects. The spectrometric data will provide key information to help guide exploration to new mineral targets. Industry partners have already used their data to focus their exploration and make new discoveries in the area.
The Bonaparte Lake airborne survey expands upon a 2005 proposal, originally made to Geoscience BC by the Whispering Pines-Clinton Indian Band, and covers part of their traditional territory. Project management was undertaken by NRCan. The surveys were conducted by Fugro Airborne Surveys of Toronto and Sander Geophysics Limited of Ottawa, under contract to the Geological Survey of Canada.
Complete results from the survey are available through Geoscience BC, and online from NRCan. Digital images and grids of the data are also available from the Ministry of Energy Mines and Petroleum Resources' MapPlace website.
About Geoscience BC
Geoscience BC is an industry-led, industry-focused, non-profit organization. Its mandate includes the collection, interpretation and delivery of geoscience data and expertise to promote investment in resource exploration and development in British Columbia. Geoscience BC works in partnership with industry, academia, government, First Nations and communities to attract mineral and oil & gas investment to B.C
For more information, please contact:
C.D. ('Lyn) Anglin
President & CEO
Living Communications Inc.