Mar 4 2011
Reliant Gold Corp., formerly REC Minerals Corp., (TSX VENTURE:REC) has announced that it has completed a VTEM (helicopter-borne versatile time-domain electromagnetic) geophysical survey over its recently acquired 11,520 acre Borden Lake South gold property.
The Property is situated near Chapleau, in northeastern Ontario, and is located approximately 2 km south of Probe Mines Limited's Borden Lake property. In November 2010, Probe Mines Limited announced a gold discovery at its Borden Lake property.
The VTEM airborne survey was carried out in order to investigate the mineral potential of the Borden Lake South gold property. Reliant is in the process of reviewing the preliminary results from the survey and identifying a number of conductive anomalies being considered for follow-up ground geological investigation and inverse polarization (IP) surveys.
"We hope that the follow-up ground IP, combined with the results of the VTEM survey, will lead to prospective drill targets at Borden Lake South", stated Kabir Ahmed, Chairman, President and Chief Executive Officer of Reliant.
Trevor Boyd, P.Geo., a qualified person as defined by National Instrument 43-101 ("NI 43-101"), Vice President of Exploration and a member of the board of directors of Reliant, supervised the preparation of the technical information contained in this press release in compliance with NI 43-101.
Source: Reliant Gold Corp