A first-phase exploration program by Trev (ASE) has resulted in the discovery of prospective polymetallic mineralization in at least six areas of the Stewart property in northwestern British Columbia.
The reconnaissance program is being funded by Cameco (TSE) which recently indicated it would continue its option to acquire a 70% interest by fulfilling escalating payments and work conditions.
The Cornice Mountain breccia zone, a 15-metre-wide zone of semi-massive sulphide mineralization discovered during a prospecting program this past summer, is about 2.5 km south of the Stewart Highway. Initial grab samples returned significant values for precious metals, zinc and copper, and the zone is believed to have potential for vertical and horizontal extent. Encouraging values for precious metals, zinc and lead were reported from the Galena Creek Valley zone south of the Stewart Highway, while large blocks of talus north of the highway returned promising precious metal, copper and zinc values. This mineralization is thought to have an in situ source near the highway, hence its name, Stewart Highway zone.
A gossan zone composed of crackle breccia hosted by silicified sediments was identified about 2.5 km west-northwest of the Stewart Highway zone. Encouraging precious metal and copper values were reported from this target, the Alteration Ridge zone.
As a result of the new discoveries, the Stewart property was expanded to 356 claim units in two groups about 27 km northeast of the town of Stewart.
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