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eqinvestor Member Level  Friday, 06/12/20 08:47:17 AM
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Location: 401247 E - 6261529 N

Mineral Deposit Type: Porphyry, Shear Vein

Commodity: Copper-Gold (Moly)

Size: 2km x 2km coincident Magnetic and Resistivity Anomaly, Anomalous Cu. Au, Mo

Exploration Completed:WV3 Remote Sensing, Sampling (soil-rock-trench), VTEM Surveys

Planned Work: Detailed Mapping, Grid sampling and drilling

Geological Framework

King East target represents a large (2 x 2km) coincident magnetic and resistivity anomaly overlapped with scattered zones of sericitic alteration within the upper Triassic Stuhini Group rocks. Previous work discovered numerous narrow gold-bearing veins, small intrusive stocks and anomalous Au, Cu and Mo anomalies from sub-crop and trenches in the area. The intrusive rocks include 1-4m wide diorite dikes and amygdaloidal to aphanitic intermediate intrusive stock as exposed to the south of King Creek (Howson, 1990a). In 2018 Metallis geologists mapped NNE-trending diorite porphyry dikes; recognized as the potential source of anomalous Cu and Mo in soils. The rock grab samples collected from porphyritic units and sulphide rich sediments also returned slightly anomalous Cu and Au mineralization.

The calculated vertical gradient (‘CVG”) magnetic image (see below) shows multiple north-south trending magnetic lineaments at King East, which reflect the structurally controlled porphyry intrusions and dikes propagated between the Cole and King East targets. The geology and structural framework, diorite dikes and its geochemical signature in King East is similar to what is seen in the Hawilson Monzonite. Remnants of hydrothermal magnetite identified in the Cole drill holes are also interpreted to be linked to King East magnetic anomaly. The current interpretation of the geology and alteration, geophysical and geochemical patterns identify King East as a deep-seated porphyry copper-gold target, similar to Seabridge’s deep Kerr (Sara Howson, 1991, Rosset, 2010) and Johnny Mountain porphyry targets.

More information can be found in the IBOX above. I will update as updates are provided by the company.

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