Pershimco Resources has reported further results of drill program and strong geophysical results of aerial program carried out at the Cerro Quema project in Panama. The company considers the primary geophysics signature results to be very important and has decided to announce the preliminary analysis.
An aerial geophysics survey was completed enclosing the Cerro Quema property, which covers the trend that includes the Quema and LaPava target areas. Toronto-based Geotech has realized the survey with the help of magnetic and radiometric signatures and VTem procedures. The primary results have shown a strong signature that shows continuity along the east-west trend by means of the whole concession, which shows further cyclic radiometric and magnetic signatures. The company will focus on these signatures to form further mineral resources to the project.
Pershimco has identified an important high conductivity footprint called the south of the "Trend" at depth. Currently, the company is carrying out the final data treatment. Resistivity depth imaging including resistivity sections line by line will be conducted by Geotech to outline the geometry of the conductor. A three dimensional magnetic inversions will also be carried out by Geotech. Low ratios of Th-K highlight the footprint and perfectly associate with the magnetic sources.
The company has realized a series of short reverse circulation (RC) holes on two fresh satellite zones, called La Mesita and El Domo situated on the Quema target’s northern part that reveals a north expansion of the Quema footprint together with mineralized copper and gold. The goal of this initial work was to quickly examine those two satellite zones to look for resources through additional step out drilling in order to add to the footprint.
Source: http://www.pershimco.ca/