Over the past 20 years, geologists have been researching the application of indicator minerals as a mineral exploration tool. Indicator minerals are minerals whose presence provides clues into the possible location of a deposit if a mineral species of interest, such as copper, gold, or diamonds.
Induced polarization (IP) surveys are a valuable tool for base-metals and gold exploration. A junior exploration company can effectively narrow down drill targets on a vast exploration property with a well-planned IP program, and an already operating miner can locate more metal deposits in the area by conducting an IP survey.
Sagittarius Capital Corp. (CVE:SCX.H) enters a Letter of Intent with Alpaca Resources Inc. to acquire all of the issued and outstanding securities of Alpaca.
Geologix Explorations Inc. (TSE:GIX) reports assay results from the remaining eight holes of the recently completed ten-hole initial drill program at the Libertad, Mexico.
Supreme Resources is a diversified gold and base metal exploration company focused on the 100% owned TAS Project located in the Copper Mountain Mining Camp, next-door to the past-producing porphyry copper mines. In addition, Supreme Resources also owns Ample-Goldmax property.
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