The Ridge Target

System Type:

Epithermal, quartz-calcite veining, and silicified hydrothermal breccia zones. 

Strike-Length:

The Ridge target is predominantly covered by post-mineral colluvium with a 1.7 km strike length potential based on scattered bedrock exposures and historic mining pits. 

Resource: 

None at this time

Location:

The Ridge target is located 1,500 metres west of the White Point target along the Deer Lodge Canyon structural zone. 

Drilling:

None to date.

Geophysics:

The Ridge target is located on the northern edge of a ZTEM (airborne geophysics) resistivity anomaly which is interpreted to be reflecting a caldera margin boundary as well as a major structural trend oriented northwest. The CSAMT ground-based geophysical survey do not yet cover this area. 

Geology: 

The Ridge target is located 1.5 km west of the White Point target along the Deer Lodge canyon structural zone. The deer Lodge canyon marks the northwest boundary of the Gold Springs Caldera, a splay of which hosts the Grey Eagle resource. Much of the Ridge target is covered with post-mineral colluvium but examining the limited outcrops, historic workings, and mineralization found in float has provided evidence of an extensive epithermal gold system below the shallow cover. Mineralized float is found over a 1.7 x 1.1 kilometre area signifying the potential size of the Ridge target. In historical workings near the caldera margin there are outcropping explosions breccias typically found at high levels within epithermal gold systems indicating there may be a fully preserved system hosted along the caldera boundary   

Mineralized material in float include, stockwork veining in andesite, banded and bladed quartz-calcite veins, and silicified hydrothermal breccias. Vein samples returned assays as high as 2.77 g/t Au and 20.8 g/t silver, with hydrothermal breccia grading 0.44 g/t Au and 35.7 g/t silver. 

The Ridge target is characterized by scattered quartz vein float and limited outcropping veins. Several small prospect pits were identified using the bare earth LIDAR imagery. Sampling has produced numerous +1 g/t gold values. The area is dominated by post-mineral cover, and the extent and frequently of the veining is unknown at this time. Additional work will be required to further develop this target, in particular trenching will be required to see below post-mineral cover. 

Structural Geology:

The Ridge target area is situated along Deer Lodge Canyon which follows the margin of the large Gold Springs caldera. The Grey Eagle resource is located along a splay of this same caldera margin. In addition, there are prominent northwest and northeast trending structures that intersect in the Ridge target area representing an obvious drill target.

Historical Mining:

The Ridge target has several small prospect pits.  

Geochemistry:

Vein samples returned assays as high as 2.77 g/t Au and 20.8 g/t silver, with hydrothermal breccia grading 0.44 g/t Au and 35.7 g/t silver. Values greater than the resource cut-off grade of 0.25 g/t Au are listed below.

Table: Rock Chip Sampling Results from the Ridge target

SAMPLE

Sample Type

Description

Target

Au g/t

Ag g/t

225278

Float

Banded/Bladed Calcite-Quartz vein

Ridge

0.36

3.7

225274

Float

Banded Quartz vein

Ridge

0.99

9.6

225277

Float

Banded Quartz vein

Ridge

1.39

20.8

225271

Float

Banded/Bladed Quartz vein

Ridge

1.43

17.7

225279

Float

Banded/Bladed Quartz vein

Ridge

0.75

11.8

225288

Float

Banded/Bladed Quartz vein

Ridge

2.77

11.2

225262

Outcrop, Discontinuous, 0.5m

Banded/Bladed Quartz-Calcite vein

Ridge

0.94

2.1

225263

Dump

Banded/Bladed Quartz-Calcite vein

Ridge

0.33

3.1

225282

Float

Vuggy Banded Quartz vein

Ridge

0.85

2.2

225259

Float

Banded Quartz vein

Ridge

1.92

15.6

225270

Float

Banded/Bladed Quartz vein

Ridge

0.66

6

225251

Float

Hydrothermal breccia

Ridge

0.44

35.7

 

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