The 2011 exploration program on Comstock’s QV Claims included 769 line-kilometre at 100 m spacing airborne magnetic and radiometric survey, reconnaissance ridge and spur soil surveys, and 100 m by 50 m grid soil surveys. Both airborne surveys and soil surveys have consistently identified two gold trends:
- North-easterly trend measuring 2600 m long and open (QV grid)
- North-westerly trend measuring 1530 m long and open (Stewart grid)
The QV and Stewart grids, in the southern part of the claim block, will be followed by trenching and a drill program in the summer of 2012. Gold values on the QV and Stewart grids run as high as 1030 ppb (1.03 g/t Au).
The reconnaissance survey in the northern part of the claim block has identified areas with gold anomalies to be followed by a detailed grid soil sampling in the summer of 2012. Gold values in the northern claim blocks run as high as 152 ppb, with co-incident pathfinder elements of As, Sb, Ba, and Hg.
Precision Geophysics of Vancouver, BC, flew an airborne geophysics survey over the property in August 2011. The Company has received final results for the magnetic and radiometric surveys. Kaminak’s Coffee style intense magnetic lows, interpreted as structures trending in both north-westerly and north-easterly directions, have been identified from the geophysics survey. Both magnetic lows and magnetic highs align with the gold-in-soil geochemical trend. The Company is very encouraged by the results of the airborne geophysics survey. Please refer to the Company’s website http://www.comstock-metals.com/projects/white_gold_north/ for maps showing geophysical results.
Airborne Geophysical Program:
Precision Geophysics of Vancouver, BC, flew an airborne geophysics survey consisting of 769 line-kilometres at 100 m line spacing over the property in August 2011. This survey collected both magnetic and radiometric data that will help the Company interpret the regional geology and structure of the area. Intense magnetic lows, interpreted as structures trending in both north-westerly and north-easterly directions, have been identified from this geophysics survey. This response is similar to that encountered at Kaminak’s Coffee property. Both magnetic lows and magnetic highs align with the gold-in-soil geochemical trend.
The Company has received results for the final batch of soil assays with values ranging up to 1,030 ppb gold (1.03 g/t Au). The grid soil geochem surveys have identified two obvious gold trends supported by very strong pathfinder elements, found in association with gold systems in general and in the White Gold District in particular. These pathfinder elements include As, Sb, Ba, and Hg. Two trends have been identified through the detailed grid (100 m by 50 m) soil sampling.