COLE PORPHYRY SYSTEM
Overview
Location: 399483 E, 6263158 N
Mineral Deposit Type: Porphyry / Epithermal
Commodity: Gold-Copper-Silver
Size: 1000 x 800m Sericitic Alteration and Geochemical Anomaly
Exploration Completed: Remote Sensing, Mapping, Sampling, VTEM Surveys and Drilling (3,536m)
Planned Work: Detailed Mapping, IP Survey and Drilling
Geological Framework
The Cole Porphyry system defines the northern extent of the 7.5 km long Hawilson Monzonite (‘HM’) Complex near the Triassic-Jurassic unconformity at Kirkham property. The Cole porphyry system was first mapped in 2017 where Metallis’ geologists outlined a 500m x 200m wide zone of intense sericitic alteration and porphyry style mineralization in multiple crosscutting monzodiorite and diorite intrusions. These intrusions are emplaced as NNE-trending (015º) linear dikes hosted by Stuhini andesitic and clastic sedimentary rocks and unconformably overlain by Hazelton rocks to the west. The first drilling at the Cole target in 2018 intersected multiple cm-scale gold-bearing massive sulphide veins highlighted by 137 g/t Au over 0.6 meters, similar to the gold-bearing veins found at the Snip mine, which produced 1.1 million ounces of gold at an average grade of 27.5 g/t from 1991 to 1999. (MINFILE, 2015: Snip, 104B 250; BC Ministry of Energy and Mines).
More information can be found in the IBOX above. I will update as updates are provided by the company.
