Ann: Tims Dome IP Survey Identifies Multiple Gold-Copper Targets, page-23

Wasn't gauging the depth of the anomaly the issue with Bluesteel as they stated there was no presence of IP false indicators. Hopefully they don't miss this time as 600m is alot of drilling to miss your target.


Just for reference and a refresher
Blue Steel Summary
At Blue Steel a total of 5 RC drill holes for 1,004m (ranging in depth from 99m to 291m with an average of 200m), for which assay results are available, and a single 661.0m diamond drillhole (awaiting results), were completed. Drilling would appear not to have explained the Blue Steel IP chargeability anomaly; i.e. insufficient sulphides of any nature and/or no black shale or other IP “red herrings”/false positives intersected which could explain the IP anomaly. Available assay results for the 6 RC drill holes (including RC pre-collar) returned very limited and very weak zinc and gold anomalism. Aided by inputs acquired from the recent drilling, 3D isosurface modelling of the Blue Steel 2D-IP data was undertaken which suggests that the large Blue Steel IP anomaly may be deeper than originally anticipated and could potentially be located within and/or proximal to the interpreted extensions of the east dipping Magnum **bro (which is the dominant host of the Magnum gold-copper mineralisation) along trend to the south of the Calibre gold-copper deposit, and that the IP anomaly may remain effectively untested. In addition, the Blue Steel IP anomaly also remains open to the south. Evaluation is ongoing and pending the assay results for the diamond drill hole, although these assay results are not expected to show any material mineralisation given the lack of significant sulphides present.