Well they say "The best place to hide something of value is in plain sight"
Seems to be alot of geology going on at Brewery creek! Perhaps they will one day unlock the mysteries of the property and its broad multiple deposits. A few items to stir the imagination and is but one property they have had very successful drill programs with.
http://emrlibrary.gov.yk.ca/ygs/yeg/1998/1998_p225-230.pdf
In the North Slope Zone, calcareous, Steel Formation siltstone of the Upper Road River Group has been altered and cut by a fine quartz stockwork. Bleached sericite haloes have formed around the more siliceous zones; pyrite occurs on fracture surfaces and along bedding planes. The Steel Formation has striking similarities to the highly productive Roberts Mountain formation in the Carlin Trend and may represent a favourable host for replacement-style mineralization.
Recent exploration in the North Slope Zone has discovered the presence of decalcification and silica replacement in stratigraphically lower Silurian Road River Group sediments suggesting that a Carlin-type model may be appropriate at Brewery Creek. A resource of 2.2 million tonnes of 2.01 gpt gold (142,000 oz) has been defined in this zone. The narrowerratic sediment-hosted mineralization remains open along strike.
stockwatch.com
Alexco drills 14.47 g/t over 7.9 m at Brewery Creek
2006-06-01 10:42 ET - News Release
Epithermal style gold mineralization at the Bohemian zone and elsewhere in the reserve trend shares remarkable similarities with the 28-million-ounce Donlin Creek gold deposit in Alaska owned by NovaGold Resources and Barrick Gold Corp. At Brewery Creek as well as at Donlin Creek, mineralization is hosted in a series of stacked intrusive sills set in carbonaceous sediments intercalated between coarser clastic units. Mineralization at both properties is hosted in the porphyritic intrusions and is characterized by gold-rich arsenopyrite. Mineralization is related to widespread ammonia illite alteration surrounded by regionally extensive ankerite and kaolinite alteration. Both the Brewery Creek and Donlin Creek systems are of similar orders of magnitude with known alteration and mineralization at Brewery Creek extending over 12 kilometres of strike length
Three untested geophysical IP chargeability anomalies were also targeted during the program but encountered only weak to non-auriferous sulphide mineralization (gold values less than 300 parts per billion). Finally, DDH BC06-123 targeted sulphide mineralization at depth beneath the mined-out Blue pit along the reserve trend. A stibnite -- silica-bearing breccia zone -- was intersected and drill sample results include 1.19 grams per tonne gold over 12.35 metres, from 60.10 to 70.45 metres.
NEWS RELEASE TSX:GPD August 29th, 2011
Drilling continues to expand the newly discovered Sleeman Zone (see GPD news release dated July 27, 2011) with mineralization now established for more than 200 m along strike and over 190 m down dip. Significant silver values continue to be reported throughout the Sleeman drilling with numerous intervals in excess of 30 g/t, further enhancing the Project’s potential economics. The mineralization at Sleeman is not typical of previously encountered mineralization at Brewery Creek, and presents the potential to represent a more proximal style of mineralization, possibly related to a buried porphyry. |
