Hemisphere Gold, Inc. – HPGI – Stock Guru Profile
Hemisphere Gold Inc. has announced the airborne geophysical survey contracted to Terraquest has been recently completed and initial images received.
The survey consisted of magnetic and radiometric readings that are processed to highlight features that relate to geology and structure that can be related to controls on gold mineralization. The data are of excellent quality and highlight details that will be integrated into the field program and data interpretation to assist in targeting gold mineralization. The geophysical survey data are not a direct indication of gold mineralization but define rock units, intrusive rocks, structures (faults), and alteration (potassium or magnetite destruction) that may be related to gold mineralization.
Terraquest’s does much more than just photograph the terrain. Terraquest has expertise in geophysical consulting as well. Terraquest operates a ground base station in the field which is set up in a magnetically noise-free location and calibrated and operated continuously throughout each survey operation. High sensitivity magnetic base station data is provided by a cesium vapor magnetometer sensor similar to the systems used on the aircrafts. A GPS receiver records GPS time so base data can be seamlessly synchronized with the aircraft data via SDAS software by Koum VS Instruments Ltd. Click on the headings for more detailed information about Terraquest’s Ground Systems.
Terraquest can provide support in the utilization of geoscientific data for the exploration sector including:
Airborne geophysical surveys
Custom data enhancement
Data interpretation and modeling
Data Processing of Airborne Geophysical Survey Data
Pre-planned Drape Flying
Geophysical consulting
An initial review indicates structural trends and intrusive related rock units that can be related to the sources of the extensive alluvial mining in the region. In addition, processed video images can pinpoint areas of small scale mining that are of interest and the elevation data provide the basis for a DEM topographic map. Remote surveys, like this airborne survey, are essential exploration tools in this deeply weathered environment with poor exposures of rock. The data are being interpreted by Company geologists and will also have 3-D processing using geophysical programs to further highlight targets that relate to gold deposits.
Source: Hemisphere Gold and
3504 35th Ave SW
Calgary, Alberta T3E IA5 Canada
IR Contact: Barry Reagh
Phone: (888) 548-8444
Email: ir@hemispheregold.com
Website: http://www.hemispheregold.com
About Hemisphere Gold Inc. is in the business of exploration and acquisition of gold properties in some of the world’s best gold districts. The Company’s objective is to take advantage of high-yielding untapped mineral producing properties through exploration and acquisition. The Company’s flagship property is in Suriname, a democratic country which has had mining operations since the 1700s. Suriname is an emerging major gold producer with international companies showing interest. Hemisphere is committed to maintaining environmental stewardship, occupational safety and corporate responsibility.
This release may contain forward-looking statements which are pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ materially and all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company’s financial condition and prospects, risks associated with mining exploration, risks of governmental legislation and regulation, risks associated with technological changes, risks associated with dependence on third parties, risks relating to international operations, delays in testing and evaluation of products and risks associated with competition.
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