NEWS RELEASE: Could New Geophysics Technology Spark Exploration?

Val-d’Or, Quebec, Canada, February 9, 2015

Abitibi Geophysics, a mining exploration services company, reported that its new induced-polarization survey technology recently documented the existence of mineral deposits as deep as 450 metres under the bed of Quebec’s frozen Lake Pusticamica.

Under contract to Cartier Resources Inc., a Quebec junior gold-mining company, Abitibi Geophysics deployed its proprietary OreVision-IP system of electrical probes and sensors to map deposits on Cartier’s Benoist Property between the Bachelor and Langlois Mines.

“CEO says technique’s “convincing clarity” could boost investor confidence in projects where OreVision IP is used”

“Having the ability to detect mineralization to these new depths could be a game changer for the Benoist project” commented Philippe Cloutier, President and CEO, adding “since this new method offers depth of investigation unparalleled by other technologies while keeping optimal resolution from surface to depth, it could help us find more mineralization faster for a reasonable investment”.

Previous geophysical surveys using standard IP technology failed to detect deposits there due to the depth of mineralization, determined to be between 150 and 450 meters, according to Cartier Resources. Prior surveys could reliably only probe depths of only 90 metres.

Abitibi Geophysics, which introduced OreVision-IP in 2013, says its deep-detection method costs the same as traditional IP surveys but produces mapping that’s as clear at 400 metres underground as traditional IP results at one-fourth the depth. The company says its system captures and processes four times more data than conventional IP surveys.

Abitibi Geophysics’ president Pierre Bérubé said, “The convincing clarity and field of vision of OreVision-IP could help energize the metals-mining industries and boost investor confidence in projects employing this new technology. The results from Pusticamica Lake show that it’s a proven technology for finding the most promising locations for development and finding them in less time.”

Headquartered in Val d’Or, Quebec, Canada, Abitibi Geophysics, a leader in its field, has regional offices in St John’s, Newfoundland, and Thunder Bay, Ontario. The company provides a full range of ground and borehole geophysical survey services worldwide, as well as consulting interpretation, using time-domain electromagnetics, deep TDEM, frequency-domain electromagnetics, resistivity/induced-polarization 2-D and 3-D, gravity/GPS, magnetics, gamma-ray spectrometry, and borehole logging. Since its founding in 1983, Abitibi Geophysics has served more than 1000 mining exploration companies.

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