Southern Geoscience Consultants is pleased to share an update by Buxton Resources (ASX: BUX) regarding the results of a Loupe Electromagnetic survey recently completed at the Graphite Bull project.
The high-resolution, man-portable Loupe EM system is highly sensitive to conductors at 0 – 50 metres depth. This survey conducted by Southern Geoscience Consultants field services has enabled Buxton to identify and prioritise multiple near-surface new targets within and around the existing defined Inferred Resource.
This is an exceptional result for Buxton as it provides encouragement for significant resource increases at shallow depths amenable to open-pit mining. Further exploration and resource definition drill program is currently being planned.
Read the full announcement>> https://lnkd.in/gcnzQK9G
Loupe EM dBdzt channel 15 conductivity image with selected plates from the January 2023 High Power
EM survey (arrows indicate down plunge direction). The new Loupe EM survey reveals extensive zones of shallow subsurface conductivity likely representing graphite mineralisation at depths amenable to open pit mining.