on AEONIAN RESOURCES CORP (CVE:ALTN)
Aeonian Resources Identifies Promising Copper Corridor in British Columbia
Vancouver-based Aeonian Resources Ltd. has announced significant findings from their recent helicopter-borne magnetic and electromagnetic survey over the Koocanusa Copper Project. Located in southeastern British Columbia, the survey outlined a 50-kilometer-long corridor within the Creston Formation, noted for its copper potential.
Magnetic highs from the data align with previously collected high-grade copper samples, supporting Aeonian's geological models. Two regional fold hinges have been identified, along with a third, previously undiscovered, hinge. These features suggest potential "trap" structures for mineralization.
A prominent fault, the McGillivray Fault, has been interpreted as a potential fluid conduit for copper-bearing mineralization, extending beneath the Kitchener Formation. Future drill programs will target these newly defined areas.
With permits secured, Aeonian plans exploratory drilling pending financing. They are exploring both equity and non-dilutive funding options.
R. P.
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