As per the results, a number of IP chargeability anomalies coincident with airborne electromagnetic (VTEM) geophysical anomalies obtained in the 2008 and 2011 surveys.

Serabi targeted the VTEM anomalies as part of its ongoing strategy to develop a pipeline of exploration targets, to complement the ongoing mine site exploration programme.

The IP survey has also outlined a number of resistive anomalies that correlate well with the VTEM conductive anomalies, and represent further areas of geological interest, the company said.

Serabi said the intersection of structural lineaments is important to the control of mineralisation in the Jardim do Ouro district as notably the Palito deposit and the Currutela and Piaui prospects occur at or near structural intersections of north-west and east-west structures or north-west and north-east structures.