Northaven Retains Condor Consulting for Geophysicial Intepretation
August 30 2011 - 12:36PM
Marketwired
Northaven Resources Corp. (TSX VENTURE: NTV), is pleased to
announce that it has entered into a contract for geophysical
interpretation of the airborne ZTEM contracts now being flown by
Geotech Limited, to be carried out by Condor Consulting, Inc., of
Lakewood, Colorado.
Condor Consulting Inc., recognized experts in the field of
airborne electromagnetic will be performing detailed interpretation
of the electromagnetic data acquired by Geotech and will be
providing final reports in respect of each project regarding the
significance of survey results. Condor has developed significant
exposure to various airborne and ground-related electromagnetic
technologies employed by independent contractors and major mining
groups and, consequently, has conducted many evaluations of
properties throughout the North, Central and Southern Cordilleras,
Ireland, Spain, South Africa and Australia, several of which have
identified economic mineralization.
ZTEM is a helicopter-borne AFMAG system that measures the
magnetic-filed response in the 25-600 Hz frequency range of
naturally occurring currents in the earth's sub-surface. The
resolution of this system is analyzed by forward modeling and
inverting synthetic ZTEM data using a 2D algorithm for a range of
conductivity scenarios. Products derived from the ZTEM data
including apparent conductivity, phase and Karous-Hjelt filtered
grids appear to map geologic structure, particularly larger,
elongated structures.
NORTHAVEN hopes that the ZTEM structural sensitivity will be of
assistance in providing correlation between the known zones of
mineralization that occur in both the Allco and King Solomon Basin
properties, with the larger scale regional geological structures,
particularly in identifying zones of differing conductivity which
can be tied to specific mineralization replacement types not
previously identified. Geotech has now completed flying the Allco
property and is expected to commence flying the King Solomon Basin
shortly. NORTHAVEN is awaiting receipt of data from Geotech on the
Allco program whereupon the data will be provided to Condor for its
review and interpretation.
NORTHAVEN'S exploration focus is evaluation of multiple
mineralization occurrences, particularly gold and silver, which
have the potential as possible indicators of larger more pervasive
mineralization representing target zones in excess of one million
troy ounces of gold and silver, or equivalents. No mineral
resources compliant with National Instrument NI 43-101 have yet
been identified on NORTHAVEN's properties and work on the
properties to date has been exploratory in nature only.
On behalf of the Board of Directors of NORTHAVEN RESOURCES
CORP.
Malcolm B. Fraser, President
This news release may contain assumptions, estimates, and other
forward-looking statements regarding future events. Such
forward-looking statements involve inherent risks and uncertainties
and are subject to certain factors, many of which are beyond
Northaven's control, which may cause actual results or performance
to differ materially from those currently anticipated in such
statements. For further information, visit Northaven's website at
http://www.northavenresources.com/
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news
release.
Contacts: Northaven Resources Corp. Malcolm Fraser President
604-696-3608 malcolm@northavenresources.com Northaven Resources
Corp. Allen Leschert CEO 604-696-3600
allen@northavenresources.com
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