Geoscience BC



Geoscience BC

January 27, 2014 14:00 ET

Geoscience BC Releases First Results from TREK Project

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 24, 2014) - Geoscience BC is pleased to announce the release of the TREK airborne magnetic survey, flown over the northern Interior Plateau region last summer and fall. TREK, short for Targeting Resources through Exploration and Knowledge, is Geoscience BC's newest multiyear minerals project focused on adding information to this underexplored region of the province.

"This survey will help to make this area of the province more attractive for mineral explorers to dig into," said Hon. Bill Bennett, Minister of Energy and Mines and Minister Responsible for Core Review. "We've seen how Geoscience BC projects have encouraged mineral exploration and investment to BC in the past and I am looking forward to seeing the economic potential that will be uncovered by TREK data in the future."

TREK is a $4.1 million project developed by Geoscience BC to generate new information in an area considered highly prospective for mineral resources. The more than 24,000 square kilometre project area stretches south from Fraser Lake and Vanderhoof to Anahim Lake and west from Quesnel. It also includes the active Blackwater Gold District. Project partners include the Nazko First Nation, the Ministry of Energy and Mines (BC Geological Survey), the Mineral Deposits Research Unit at the University of British Columbia, PK Geophysics, Noble Exploration Services Ltd. and Aeroquest Airborne Ltd.

"We are supportive of the new TREK project and excited about the new information it will generate in our area," said Nazko First Nation Councillor Stuart Alec. "We believe that the TREK data will bring economic benefits and reveal the potential for renewable energy, which will enhance our social and environmental conditions."

The TREK airborne survey includes magnetic survey data purchased from Amarc Resources Ltd. ("Amarc") in July 2013. The Amarc data was merged with the larger fixed-wing survey flown by Aeroquest Airborne Ltd., which acquired nearly 104,000 line kilometres of geophysical data from August through November 2013. Smaller airborne magnetic survey blocks around the Blackwater Gold District were also purchased from RJK Explorations Ltd. and Deveron Resources Ltd. to add high resolution information to the public domain in this area of high interest.

"Amarc, both alone and through our association with Hunter Dickinson (HDI), has demonstrated the strength of its belief in British Columbia's mineral potential and prospectivity - particularly the northern Interior plateau region where a great deal of our recent investment has been focused," said Diane Nicolson, Executive Vice President of Amarc Resources Ltd. "We're pleased that the technical work we've undertaken can contribute to this important Geoscience BC project, and we're confident that over time it will help attract even more exploration investment to this underexplored region of the province, contributing to the discovery of new deposits and new mines for the benefit of all British Columbians."

"The TREK project is yet another example of successful working relationships with First Nations, government and industry," said Robin Archdekin, President and CEO of Geoscience BC. "The TREK airborne survey was flown in a prospective area that needs this information to realize its economic potential, which includes jobs for British Columbians."

For more information about Geoscience BC and the TREK project, please visit our website at www.geosciencebc.com.

About Geoscience BC

Geoscience BC is an industry-led, industry-focused, not-for-profit society. Its mandate includes the collection, interpretation and distribution of geoscience data and expertise to promote investment in resource exploration and development in British Columbia. Geoscience BC is funded through grants from the Provincial Government and works in partnership with industry, academia, government, First Nations and communities to attract mineral and oil & gas investment to B.C.

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