2011 Exploration Program
Key elements of this year’s program include:
➢ 50 km of line-cutting, to refresh old grid lines and cut new lines
➢ Field investigation of all 18 new geochemical anomalies identified in 2010
➢ Mechanical stripping, detailed mapping and channel sampling of the areas covered by the Cartouche and Summit 4 showings
➢ Ground geophysical surveys over selected areas, including magnetometer (Mag), electro-magnetic (EM) and induced polarization (IP).
The line cutting and field investigation will start in the fourth week of August. The geophysical surveys are scheduled to begin in the second week of September. In total, the 2011 field program is expected to last 6 or 7 weeks, although overall time could be longer depending on weather conditions.
The map showing the locations of grid lines, the 18 target anomalies and the proposed geophysical survey lines can be expanded and viewed in detail here.
In a July 12, 2011 press release, Howard Sinclair-Jones, President and CEO of Shield Gold noted that: “The purpose of this year’s exploration program is to expand the scope and geographic area of the numerous prospective targets at Summit-Gaber. We’ll be doing geophysical surveying (Mag, EM, IP) in the locations of the priority geochemical soil anomalies identified last year, in order to detect conductive sulphide bodies at bedrock.
At the same time, we intend to do detailed surface exploration and mapping to get a better understanding of the geology of the Cartouche and Summit 4 occurrences, which exhibit numerous high-grade showings, including historical samples grading as high as 35 grams per tonne (gpt) of gold, 14% copper, 1500 gpt silver and 25 gpt combined platinum/palladium.
Summit-Gaber is a complex polymetallic environment. But the presence of native silver and the recommendations of prior studies continue to suggest to us that both VMS and Ni-Co-Ag arsenide mineralization be used as guidelines for future exploration – and that this mineralization is possibly analogous to the silver-rich deposits in the Cobalt mining camp of northeastern Ontario.”
Shield’s 2011 exploration program follows the reconnaissance B-horizon geochemical survey conducted in 2010, during which priority geochemical soil anomalies were identified as targets for further exploration. The February 2011 report “B-horizon Pedogeochemical Survey, Summit- Gaber Project, James Bay, Québec”, by Dr. Rémi Charbonneau of Inlandsis Consultants, is available at: http://www.shieldgold.com/uploads/Summit-Gaber-B-horizon.pdf
The 2011 exploration program is being conducted under the direction of MRB & Associates of Val-d’Or, Québec.
For a recent summary of Shield Gold’s operations, please review the 2011 Corporate Presentation.