Teras Resources Inc. (TSXV:TRA,OTCQX:TRARF) announced new analysis of historical geophysical surveys that were conducted by Kennecott Exploration in 1995 at the Cahuilla project in Imperial County, California. The historical study indicates that subsurface precious metal mineralization and various styles of hydrothermal alteration can be identified via geophysical techniques. The results were used to assist in designing the new geophysical surveys that are being conducted throughout the entire Cahuilla project area.
As quoted in the press release:
The results illustrate the significant size of the geophysical resistor or widespread silicification, which delineates a large footprint for future expansion of precious metal resources. The results were also used to assist in designing the new geophysical surveys currently being conducted throughout the entire Cahuilla project area that include magneto tellurics, induced polarization and gravity. Zonge International will complete the geophysical field surveys this week and final results will be available in March.