The company said it will transfer the data collected from the field work to US-based Hasbrouck Geophysics for analysis.

New America Energy president Rick Walchuk said the company had extremely positive preliminary data that revealed what it believes to be a pronounced basin profile.

The company said the information to be received from Hasbrouck Geophysics will help determine the depth of the basin and locate potential targets for the next step in its exploration program for the area.

New America Energy is engaged in the acquisition and exploration of mineral properties in the continental US.