Acceptable Results I guess. It is interesting that it is drilled in pure sediments not volcanics. And late seds at that.
The property is mainly underlain by the Serpent, Espanola and Bruce Formations of the Quirke Lake Group and lesser dikes and sills of the Nipissing intrusive suite. Narrow, mafic dikes, striking northwesterly and dipping -65 degrees to vertically, cut all rock units. The stratigraphic sequence becomes younger to the north and east. Strata strike approximately west and dip moderately to steeply north.
Known gold mineralization occurs with chlorite and iron sulfides in hydrothermal breccias at several stratigraphic levels within the Serpent Formation. The Serpent Formation is thought to be about 450 metres thick but the top of the formation is everywhere an erosion surface. The Serpent Formation consists mainly of resistant, buff weathering and massive-looking, siliceous clastic metasediments. Thickly bedded, light grey, medium grained, muscovite-plagioclase metaquartzite is most common. However, a more thinly bedded and more argillaceous unit about 30 metres thick and consisting of metagreywacke, metasiltstone and metaconglomerate occurs at the basal contact with the espanola limestone.
Mineralization
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The Serpent Quartzite has been subjected to intense structural stress as evidenced by the many prominent lineaments that show on the air photos of the region. The gold bearing zones within the quartzite are severely fractured with intense chloritic alteration where gold is present. Sulphides, mostly in the form of a vuggy pyite and pyrrhotite, are frequently present with the gold.
Visible gold is common where assay values exceed 0.50 oz Au/ton. Two or more mineralized zones may be stacked above (or below) each other en echelon. It is postulated that where two or more structural stress features are close together, and the stress components are acting in opposite directions, the ground between them will fracture in tension thereby creating openings for mineralizing solutions. The gold bearing zones thus created may form sub-horizontal sheets that extend between the stress structures.
Drill Results of the First Sixteen Holes
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Widths and intersections are in feet
HOLE FROM TO WDTH ASSAY
OZ/TON
CR-1 231.2 242.1 10.9 0.21
CR-2 37.0 52.5 15.5 1.58
CR-2 104.3 110.0 5.7 .25
CR-2 128.5 141.7 13.2 0.16
CR-3 22.8 38.0 15.2 1.01
CR-3 91.0 101.0 10.0 0.42
CR-4 88.5 102.3 13.8 0.33
CR-5 39.3 41.0 1.7 0.30
CR-6 abandoned at 26 feet
CR-7 37.0 41.2 4.2 0.17
CR-7 106.4 107.4 1.0 0.15
CR-8 48.8 56.1 7.3 0.39
CR-8 98.4 101.5 3.1 0.29
CR-9 203.0 205.4 2.4 0.01
CR-9 234.9 236.0 1.1 0.02
CR-10 172.9 175.0 2.1 0.29
CR-11 182.7 185.0 2.3 0.10
CR-12 157.7 162.2 4.5 0.09
CR-13 214.2 215.2 1.0 0.47
CR-13 289.3 293.7 4.4 0.13
CR-14 205.4 210.1 4.7 0.16
CR-14 217.7 225.0 7.3 0.65
CR-14 311.5 313.0 1.5 0.18
CR-14 336.5 341.5 5.0 0.17
CR-14 389.0 390.0 1.0 0.13
CR-15 281.0 289.4 8.4 0.21
CR-16 299.7 304.5 4.8 0.40
All gold values listed are uncut. Widths shown are approximately 80% of true width.
Exploration holes were diamond drilled to test for other mineralized zones beyond the "North West Zone". These were holes CR-17 to CR-41 inclusive. Six of the holes intersected a new discovery zone that is located 1,000 feet south-east of the "North West Zone".
Drilling Results of the New Discovery Zone
Hole from to wdth oz/ton
CR-20 90.6 99.5 8.9 0.62
CR-24 103.3 106.8 3.5 0.12
CR-25 174.7 191.1 16.4 1.3
219.8 220.8 1.0 0.13
228.1 229.6 1.5 0.32
241.2 245.6 4.4 0.28
CR-27 207.7 210.9 3.2 1.12
CR-28 175.6 180.9 5.3 1.4
CR-33 160.4 168.5 8.1 0.18
175.8 185.4 9.6 0.28
Two more holes were drilled in the North West zone with the following results:
Hole from to wdth oz/t
CR-42 147.7 156.7 9.0 0.13
287.0 288.0 1.0 0.20
CR-43 185.0 186.2 1.2 0.20
197.0 202.3 5.3 0.45
211.3 212.3 1.0 0.23
242 250 8.0 0.10
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