Favorable Horizons On DetourLake Properties

 

TORONTO, ON - Conquest Resources Limited reported that a newly published Ontario Geological Survey (OGS) regional airborne magnetic survey has identified four structural trends with prospectivity for gold mineralization within Conquest’s two properties in the Detour Lake gold camp.

On March 31, 2009, new airborne magnetometer data was released by the OGS (Geophysical Data Set 1062). The data, part of the Timmins Economic Development Corporation and Discover Abitibi Initiative, provides high resolution aeromagnetic survey data for the Detour Lake area. Approximately 21% of the area surveyed comprises mineral claim holdings held by Conquest at Detour Lake.

A preliminary evaluation of the new geophysical data suggests four structurally favorable horizons transect Conquest’s Detour Lake properties consisting of the Aurora and Sunday Lake claims.

¥ Evaluation of the data confirms that Conquest’s Sunday Lake claims, which lie immediately to the east of Detour Gold Corp’s proposed new mine, are associated with the same deformation trend ? the Sunday Lake Fault which hosts the proposed open pit

¥ The interpretation also suggests three additional deformation horizons with potential for untested gold mineralization lie within Conquest’s Aurora claims at Detour Lake. The northern, central, and southern structural breaks identified in the Lower Detour Lake Deformation Zone at Aurora are more precisely resolved in the new airborne data set while other, second order lineations, appearing between these breaks suggest a more complex structural disturbance than identified in previous exploration work. These areas of interest appear to have very similar geophysical (magnetic) characteristics to the area known to host the Detour Lake gold deposit.

Conquest’s Aurora and Sunday Lake claims at Detour Lake total 88 square kilometers and are surrounded by Detour Gold Corp’s Detour Lake gold development property.

The company’s address is 220 Bay Street, Suite 700, Toronto, ON, M5J 2W4, (647) 728-4126, fax: (416) 368-5344.