Gold Trend Identified At The Powerline Project


EDMONTON - Cortus Metals Inc. announced the completion of a 128 line-kilometer high-resolution ground magnetic survey over the entirety of its Powerline Project. The project consists of 219 recorded unpatented federal lode mining claims (>1,800 hectares) located 8 kilometers northeast of the Spring Valley gold deposit along a southwest extension of the Getchell Trend, a major northeast structural trend of deposits containing 19.4 Moz Au produced and 42.5 Moz Au endowment.

CEO, Sean Mager, said, "The data indicate linear magnetic lows coincident with mapped northeast-trending faults that intersect with northwest-trending epithermal vein trends projected from the range. These structures project below the pediment and onto the Powerline claims. The major north-northeast fault is a direct extension of a regional fault controlling mineralization at Spring Valley, Coeur Rochester and Relief Canyon, which host more than 6Moz Au combined. The relationship between magnetic lows and regional structural trends demonstrates the link between the Spring Valley deposit and Coeur Rochester Mine. Magnetic and geobotanical data indicate that the structures and mineralization extend beneath the pediment, supporting the definition of drill targets at Powerline."