Synergy Acquisition Corp.

CNSX : QMP


Synergy Acquisition Corp.

January 09, 2014 08:30 ET

Synergy to Conduct a Magnetic and Electromagnetic Survey on the Dalquier Polymetallic Property

MONTREAL, QUEBEC--(Marketwired - Jan. 9, 2014) - Synergy Acquisition Corp. (the "Corporation") (CSE:QMP) is pleased to announce a helicopter-borne transient magnetic and electromagnetic type survey to be carried out on its Dalquier polymetallic property, located on NTS sheet 32D09.

Prospectair Geosurveys of Gatineau, Quebec, has been retained to carry out the 479 line-km geophysical survey on the property. The survey will be acquired by a Eurocopter EC120 type aircraft with a high-definition transient electromagnetic system called ProspecTEM and a Geometrics magnetometer. Flown at low altitude, this configuration will define and characterize the conductive material present to a depth of about 150 m, with excellent spatial resolution. In terms of interpretation of the magnetic data, conductors in the vicinity of the property could potentially be directly associated with disseminated or massive base metal or precious metal sulphide deposits.

The Dalquier polymetallic property is located in the south-central part of the prolific Abitibi Archean greenstone belt in Quebec. The property is located less than four kilometres north of the town of Amos in Dalquier Township and consists of 67 mineral claims covering 3,550 hectares. The survey results should be available later this spring.

Conductors detected by this survey will be followed-up by prospecting and a soil geochemistry survey prior to drilling of the best targets.

The Dalquier Property

The property geology appears very favourable for the discovery of Cu-Zn-Au-Ag-rich polymetallic deposits. Historically, Megatem-type geophysical anomalies have been identified along the extensions of the Jay Copper polymetallic deposit (Cu-Zn-Au-Ag) north of the property (non-NI-43-101-compliant historical resource of 1,950,000 tons at 1.0% Cu and 0.7 g/t Ag in the "Cu West Main" zone, and of 815,000 tons at 1.3% Cu, 3.2% Zn, 122.8 g/t Ag in the "Lower Ag-Zn-Cu"; Source: MNR - SIGEOM database). The compilation of historical work shows that very little exploration drilling has been done along the extensions of these deposits on the property. Regionally, mining companies such as Osisko Mining Corporation, Aurizon Mines and Bowmore Exploration are also actively exploring northeast of the property.

Donald Théberge, Ing., M.B.A., and a qualified person under National Instrument 43-101, Standards of Disclosure for Mineral Projects, has reviewed and approved the technical content of this press release.

About Synergy

Synergy is targeting Quebec's excellent mineral potential to discover new world-class deposits. Synergy is the ideal partner for exploration companies and capital pool companies looking for qualified transaction projects of merit. Synergy intends to enter into various types of agreements on its properties. Management is currently evaluating other growth opportunities in its portfolio of newly acquired mineral properties to enhance shareholder value in the short term.

This press release contains certain forward-looking statements that involve a number of risks and uncertainties, and there can be no assurance that such statements will prove accurate. As a result, actual results and future events could differ materially from those anticipated in such statements. These risks and uncertainties are described in the annual report and in the filings made by the Company with securities regulatory authorities.

The CSE has neither approved nor disapproved the contents of this press release. The CSE does not accept responsibility for the adequacy or accuracy of this release.

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