Cameo Cobalt Begins 3D Modelling of Airborne Magnetic Anomaly on the Big Mac Property, Golden Triangle B.C.
February 07 2019 - 8:30AM
Cameo Cobalt Corp. (TSX Venture: CRU) (OTC: CRUUF) (FWB:
SY7N) (the “
Company” or
“
Cameo”) is pleased to announce it has retained
Campbell & Walker Geophysics Limited (“Campbell & Walker”)
to complete a 3D model of a magnetic anomaly identified on its 100%
owned Big Mac property. The Company previously completed a
helicopter-borne magnetic survey over the Big Mac Property located
in British Columbia’s prolific golden triangle, 16 km northwest of
the Eskay Creek Mine (see Cameo news release September 6, 2018).
Continuing interpretation of the airborne
magnetic data has identified a strong magnetic anomaly stretching
more than five kilometers, in a generally north-northeast trend
across the Big Mac East Block claims. This anomaly appears to
be up to approximately 1 kilometer wide, and is interpreted by
consultants to Cameo to hold the potential to record a buried
back-arc spreading centre.
The anomaly occurs within Hazelton Group basalts
mapped as Eskay rift fill by government geologists (e.g. Nelson et
al., 2018*), on a prominent topographic feature referred to as
“Pillow Ridge” entirely within the Big Mac East Block and located
16 kilometers northwest of the historical gold and silver producing
Eskay Creek Mine site.
Campbell & Walker will model the anomaly in
3D, using advanced voxel modeling software in order to better
determine extents, continuity, and probable depth to source. The
Company is of the opinion that this information could be critical
for field investigation of the anomaly and surrounding area that is
planned for this summer.
Akash Patel, Chief Executive Officer and a director of Cameo
Cobalt, stated: “The Company eagerly awaits completion of the 3D
model by Campbell & Walker. This anomaly warrants further
investigation in the field by prospecting, mapping, surface
sampling and an initial one or two drill holes to establish the
stratigraphic context. The 3D model will greatly assist the Company
with its 2019 exploration plans.”
Qualified Persons
Harrison Cookenboo, Ph.D., P.Geo., a consultant
to Cameo, is a qualified person as defined in National Instrument
43-101. He has reviewed and is responsible for the technical
information in this news release.
CAMEO COBALT CORP.“Akash Patel”
For more information contact:(778) 549-6714
Or Email: lucasbirdsall@gmail.com www.cameocobalt.com
* Nelson, J.O., Waldron, J., van Straaten, B., Zagorevski, A.,
and Rees, C., 2018. Revised stratigraphy of the Hazelton Group in
the Iskut River region, northwestern British Columbia. In:
Geological Fieldwork 2017, British Columbia Ministry of Energy,
Mines and Petroleum Resources, British Columbia Geological Survey
Paper 2018-1, pp. 15-38.
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