- Gama Explorations (CSE:GAMA) has discovered two titanium-vanadium occurrences at its Tyee Nickel Copper Cobalt Project in Québec
- Prospecting and grab sampling of priority targets has returned a cluster of titanium occurrences hosted in massive ilmenite
- The occurrences and geophysical data suggest a strike length 900 metres by 200 metres strike length and may be connected for a combined 2,100 metres in total strike length
- Gama Explorations Inc. last traded at $0.11 per share
Gama Explorations (CSE:GAMA) has discovered two titanium-vanadium occurrences at its Tyee Nickel Copper Cobalt Project in Québec.
Prospecting and grab sampling of priority targets has returned a cluster of titanium occurrences hosted in massive ilmenite. The occurrences and geophysical data suggest a strike length 900 metres by 200 metres strike length and may be connected for a combined 2,100 metres in total strike length.
X-ray fluorescence (XRF) analyses confirm the presence of titanium and vanadium. The occurrences are 85 kilometres north of the world’s largest solid ilmenite deposit, Lac Tio, in the same anorthosite complex.
The team is continuing with its prospecting and sampling over geophysical anomalies and most of the 25 priority targets among the 66 geophysical anomalies have now been tested. Once all 25 targets have been tested, the crews will rotate back to the best targets to increase the number of samples and confidence in potential drill targets.
SkyTEM (transient electromagnetic) is now on location and will proceed to fly the remaining 1,187 km of survey lines. One third of the project has not yet been covered by high-resolution airborne electromagnetics. The company expects the remaining data will lead to additional targets prospective for nickel and copper and/or titanium and vanadium.
“Finding these occurrences of titanium and vanadium in a proven titanium district is very encouraging,” Gama’s CEO, Dr. Jacob Verbaas, said in a news release. “Our recent sampling on the Tyee project already yielded new nickel and copper occurrences, and we have now added new titanium and vanadium occurrences. Our findings at Tyee to date are on sites that were never previously sampled by geologists or prospectors. Considering one of the largest mining companies, Rio Tinto, is mining the largest solid titanium deposit just 85 kilometres to the south of us is a reminder that our exploration techniques are working and are leading us in the right direction. These new titanium-vanadium occurrences as well as the recent nickel and copper occurrences are newly discovered and show the potential of the 625 square kilometre Tyee Project. The Tyee has so far proven itself to host several critical metals with titanium, vanadium, copper and nickel, all on the critical metals list.”
Gama Explorations Inc. is a mineral exploration company focused on the acquisition, exploration and development of mineral properties containing metals used in green technologies and the renewable energy sector.
Gama Explorations Inc. last traded at $0.11 per share.
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