A GEOPHYSICAL helicopter survey has been completed over Cadan Resources' 9000 hectare Comval and 2500 hectare T'Boli properties in Mindanao. This survey measured magnetic and radiometric responses. The purpose of the survey is to provide signature responses over known porphyry copper and stockwork gold mineralization at Comval and to thus define unknown targets. Ongoing field mapping has defined surface copper and gold mineralization over a wide area at Comval, but exposures are limited to deeply incised creeks. Undoubtedly, copper mineralization exists in the much larger areas between the creeks and will be defined by the airborne survey. Radiometrics is known to define areas of stockwork gold mineralization in other parts of the Philippines. The results of the airborne survey are being compiled and are expected to be available by early November.
展开▼
