Sparton Reports Positive IP Survey Results at Oakes Gold Project [Canadian Business Journal (Canada)]
Alamos Gold Inc. Class A Common Shares (AGI)
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Source: Canadian Business Journal
TORONTO, May 06, 2022 (GLOBE NEWSWIRE) —Sparton Resources Inc.The Company holds 41 claims and 3 leases in the area, which tie on to the overall property hosting the Young Davidson Gold Mine (approx. 200,000 ounce per year gold production), operated by Alamos Gold Inc. The Oakes Property is easily accessible by road and bush trails.The IP survey was completed by CXS (Canadian Exploration ) of Larder Lake, Ontario. It utilized a 3-D Distributed Induced Polarization system with wireless data acquisition and multiple layer data presentation. This system has less impact on the environment, as it reduces the amount of line cutting necessary and was also useful in getting data from underneath the lake, which bisects the survey area. Data are presented as both resistivity and chargeability information at 50-meter vertical intervals, beginning at surface and extending to different depths below surface. This information can provide a 3-dimensional interpretation of the bodies causing the anomal
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