Standard Graphite Corp. (TSXV:SGH) reported that the airborne geophysical survey flown over its Mousseau East property coincide with the outline of the known mineralization; it has also identified targets in other sectors of the property where no historical work has been reported.
As quoted in the press release:
Airborne magnetic (MAG) and time domain electromagnetic (TDEM) surveys were flown by Prospectair Geosurveys over the Mousseau East property during the month of June to precisely locate the conductors associated with the graphite-bearing units in preparation for the field program (see press release 21 July, 2012). Results clearly outline the main Mousseau East zone where a historical resource has previously been outlined and also traces the along-strike extension towards the west. The extension of the main zone will be targeted for resource expansion during the upcoming diamond drilling program scheduled to commence soon.
Standard Graphite President and CEO Chris Bogart said:
The geophysics has proven its efficiency at outlining the known graphite zones at our historic Mousseau deposit. We are excited at the prospect of expanding our current historic resource both along-strike and at depth and potentially discovering new zones as suggested by the TDEM survey.