Vancouver — Mapping and geochemical sampling by
Situated 1.5 km east of the previously defined zone, the new anomaly is marked by soil samples grading up to 1.1 grams gold per tonne. Ten of the 34 samples collected over an 850-metre strike length returned greater than 0.1 gram gold.
The junior has focused on the westernmost drill target, where soil samples returned up to 0.67 gram gold. Based on results from a subsequent geophysical survey, the target area measures 1.2 by 0.7 km.
The property is considered prospective for iron-oxide-copper-gold mineralization similar to the Olympic Dam deposit in Australia.
Previous explorers spent US$500,000 on stream-sediment sampling, prospecting, geological mapping, geophysical surveys, and chip and soil sampling. Anomalous copper and gold values were found in stream sediments over an area measuring 7 by 2 km.
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