Vital Battery Metals Completes Significant IP Survey at Sting Project
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Completion of IP Survey at Sting Copper Project
Vital Battery Metals Inc. (“Vital” or the “Company”) (CSE: VBAM | OTC: VBAMF | FRA: C0O) is excited to announce that it has completed a detailed 13.5 line-kilometer induced polarization (IP) survey at its Sting Copper Project. This project is located in a region recognized for its potential in copper and precious metal deposits. The recent survey results have highlighted multiple significant chargeability anomalies, aiding in the identification of prime targets for an upcoming drilling program scheduled to commence shortly.
Methodology and Results of the Survey
Conducted by Simcoe Geoscience Ltd., the survey utilized advanced wireless Alpha IP technology to explore key areas within the Jumbo-Red Lode claim block. The selection of sites for the survey incorporated areas known for productive showings, including notable findings from previous assessments that reported promising copper and gold mineralization.
The application of this technology has extended the depth capacity of exploration to between 250 and 450 meters. This depth surpasses traditional surveying methods, which typically reach only about 75 meters, thereby revealing more robust geological features. The correlation of elevated chargeability with low resistivity values often indicates the presence of significant mineral deposits in volcanogenic massive sulfide (VMS) environments.
Key Survey Highlights
The survey focused on two primary grids: the Jumbo-Red Lode Grid and the Lode No 9 Grid.
Jumbo-Red Lode Grid Findings
This section of the survey covered 9.0 line-kilometers across 7 lines and revealed a major chargeability anomaly related to the Jumbo showing, which has a notable strike length of over 300 meters. This specific finding has never been previously drilled, presenting an exciting prospect for targeted drilling in the upcoming program. Additionally, preliminary modeling suggests that this anomaly may extend into areas associated with the Red Lode, supported by historic samples indicating potential high-grade gold.
Lode No 9 Grid Insights
The survey also extended 4.5 line-kilometers across 5 lines in this grid, where chargeability anomalies were identified near the Gregory River and close to the Friar Tuck showing. These findings suggest potential continuity of rich copper mineralization, raising the prospect of noteworthy drill targets in these areas as well.
Next Steps in Exploration
Vital Battery Metals is in the process of analyzing soil, grab, and channel samples that have been sent to SGS Canada for evaluation. The results from this phase will be crucial in refining the geological model in preparation for Phase 2 of the drilling program. The Company anticipates that the complete results will be available soon, providing further insight into the mineral potential of the Sting Copper Project.
Adrian Lamoureux, Chief Executive Officer of Vital, expressed enthusiasm regarding the findings, positing that the anomalies identified could signify the potential for substantial VMS mineralization across the claim block. He looks forward to testing these target areas when drilling commences.
Funding and Support for Exploration Activities
Vital Battery Metals is grateful for the financial support of approximately $95,691.86 from the 2024 Newfoundland and Labrador Junior Exploration Assistance (JEA) program, which contributes towards the Company’s continuous exploration ventures. This initiative is a part of a larger budget allocation aimed at enhancing mineral exploration activities within the province.
About Vital Battery Metals Inc.
Vital Battery Metals Inc. (CSE: VBAM | OTC: VBAMF | FRA: C0O) is a forward-looking mineral exploration company that is focused on the discovery and development of projects associated with battery metals, base metals, and precious metals. The Company is actively advancing several key projects, including the Sting Copper Project and others in lithium, showcasing its commitment to exploring and developing mineral resources in promising environments.
Frequently Asked Questions
What is the significance of the completed IP survey?
The completed IP survey has identified significant chargeability anomalies that may indicate the presence of valuable mineral deposits, setting the stage for future drilling activities.
When will the drilling program commence?
The upcoming drilling program is set to initiate shortly after the completion of analyzing the results from the IP survey.
What technologies were used in the survey?
The survey utilized Simcoe Geoscience's wireless Alpha IP technology, allowing for a deeper exploration of the geological features in the area.
What are the expectations for the Sting Copper Project?
The Company anticipates that the identified anomalies could lead to significant mineral discoveries, supporting ongoing exploration efforts.
How does Vital Battery Metals support its exploration activities?
Vital Battery Metals is supported by funding from various programs, including the Junior Exploration Assistance program, which helps finance its exploration initiatives.
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