Claim Post Resources Inc. (TSX VENTURE:CPS) has announced that it completed Deep IP on the Dayton Porcupine and McLaren Porcupine patented properties, located 5 miles south of Timmins Ontario. Numerous targets have been identified and drilling will now start, with the focus on known gold mineralization.
The Dayton Porcupine gold zone which is 450m long x 8m wide x 100m deep appears to plunge to the west. Claim Post has targeted an initial 600 meter diamond drill hole to intersect the down plunge gold horizon at 300m below surface. The IP horizon appears to be just below and to the south of the collar locations of the 1937 historical drilling. The deep IP geophysics traced the Dayton quartz rich horizon 800 meters to the west on the property.
A second diamond drill hole will be collared to check a very strong chargeability anomaly within the serpentine dike that crosses the Dayton Porcupine property. The anomaly was traced for 1.5 kilometres and potentially hosts a high sulphide conductor.
The Company's President and C.E.O., Charles Gryba commented: "We are pleased to have started exploration drilling of the Dayton Porcupine gold system. For the first time this, historical system will systematically explored using modern techniques. It will take at least 10 diamond drill holes to drill check the deep IP generated targets on the Dayton Porcupine patents. The gold zone appears to be in a 1.2km wide shear zone that strikes west into the Racetrack property that Claim Post recently optioned."
Charles Gryba P. Eng. is the Qualified Person, as defined by NI 43-101, responsible for the disclosure in this new release.
Source: Claim Post Resources Inc.