Orocan Resource Corp. Announces Airborne EM has Commenced in Ontario
04.01.2012 | Marketwire
VANCOUVER, Jan. 4, 2012 - Orocan Resource Corp. (the "Company") is pleased to announce that it has commenced exploration on its Black Donald, Little-Bryan and Lyndoch Graphite properties. An airborne TDEM survey conducted by Prospectair Geosurveys is currently being flown over the three (3) properties located in Ontario, and the results from this survey will serve to evaluate the extent of the known occurrences and help in the discovery of new mineralization.The three (3) properties are located some 100 km WSW of Ottawa, in Renfrew County, and were acquired during the fall of 2011 (see Press Release November 30, 2011) for their graphite potential. The Black Donald property immediately surrounds the former Black Donald Mine that has produced an important quantity of high-grade and high purity graphite between 1896 and 1950. Graphite has historically also been reported at several locations on the current claim block and was drill tested in 1982. The two (2) other properties, Little-Bryan and Lyndoch, are also centered on known graphite occurrences and have been exposed to limited exploration through trenching and shallow diamond drilling.
The airborne survey consists in flying some 1492 line kilometres at low altitude to measure the bedrock conductivity (TDEM) and magnetic properties. Graphite is a mineral with unique physical properties and is well known for its high conductivity. The survey has been designed to optimize the response from potential conductors and to discriminate between the types of conductors. A preliminary test was conducted on the ground using a portable EM instrument and the known graphite horizons on the Little-Bryan property were successfully located and measured. The TDEM instrument used in the airborne survey is equivalent although more powerful to the one used during the ground test. Results from the airborne survey are expected in January and will form the backbone of the upcoming prospecting, trenching and drilling programs planned for 2012.
ON BEHALF OF THE BOARD
Chris Bogart
President & CEO
Cautionary Statement:
The foregoing information may contain forward-looking statements relating to the future performance of Orocan Resource Corp. Forward-looking statements, specifically those concerned with future performance are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in Orocan Resource Corp.'s filings with the appropriate securities commissions.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Information
Orocan Resource Corp.
Chris Bogart
604.683.2509
604.683.2506 (FAX)
info@orocanresource.com
www.orocanresource.com