
Magnum Mining and Exploration (ASX:MGU) has completed an ultra-high resolution aeromagnetic and radiometric survey at its Parker Gold and La Cienega Copper-Gold projects in Arizona, located at the intersection of the Walker Trend and Colorado River Extension Zone, both renowned for gold, copper, and rare earth element exploration.
The helicopter-based survey was flown at 40m line spacing and 20m altitude, delivering data comparable to ground surveys and superior to drone surveys, while simultaneously capturing radiometric information.
Preliminary images show structural and geological details not evident in existing maps, with final processed data expected within four weeks following the Christmas/New Year period.
Building on the survey, Magnum will undertake a detailed surface sampling program at Parker, including systematic soil sampling along 100m-spaced lines and targeted rock-chip sampling of previously identified mineralised structures and alteration zones.