A Phase 1 program of reverse circulation (RC) drilling was initiated in July 2012 to test the down dip and strike extension of mineralization known to be present in the Fencemaker Mine.
This program consisted of a total of 2350 feet (716 ) from thirteen (13) holes collared in the
hangingwall of the structure. It is the author’s opinion that a significant amount of antimony mineralization exists at the Fencemaker Mine. Highest value recorded was 18.65% Sb from
drillhole FM-02 at the 35 to 40 foot (10.7 to 12.2 m) interval below surface. High-grade mineralization exists to a depth of a minimum of 110 feet (33.5 m) below surface. A cut-off grade
of 0.40% Sb was selected for an NI43-101 and SEC compliant Inferred Mineral Resource. That Inferred Mineral Resource is from five individual blocks totaling 34,125 short tons with an average
grade of 2.92% Sb. Within this estimated total resource higher grade blocks, up to 10,500 tons of 4.17% Sb are present. This mineralization is of the structurally controlled type associated with replacement of calcareous host rock along a series of faults in close proximity to each other.
Abrupt changes in mineralization widths in some areas suggest
that post-mineralization faulting is present below the current mine workings.
Analysis for gold in the drill samples shows a zone of
anomalous (up to 294ppb Au; 0.294 g/t Au).
It is recommended that a Phase 2 program should initiated to provide information on strike and depth extent of the mineralization. It would consist of an estimated 5000 feet (1500 m) of reverse
circulation drilling. Some surface mapping should be included to trace the mineralized structure on surface and to test for Carlin-type gold mineralization. Estimated cost of this work is
USD$223,500
Between Here and There
Highly developed spirits often encounter resistance from mediocre minds. --Albert Einstein
