Reliant Gold has completed a VTEM (helicopter-borne versatile time-domain electromagnetic) geophysical survey over its recently acquired 11,520 acre Borden Lake South gold property in northeastern Ontario.

The company said that the VTEM airborne survey was carried out in order to investigate the mineral potential of the Borden Lake South gold property.

Reliant is in the process of reviewing the preliminary results from the survey and identifying a number of conductive anomalies being considered for follow-up ground geological investigation and inverse polarization (IP) surveys.

Earlier, in November 2010, Probe Mines announced a gold discovery at its Borden Lake property.

Reliant chairman, president and CEO Kabir Ahmed said that the company expects that the follow-up ground IP, combined with the results of the VTEM survey, will lead to prospective drill targets at Borden Lake South.