The Golden Lounge

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Watch for Battle Mountain Trend Elephant Gold Discovery next week

SITKF or SIG

AG21-02 and AG21-03 were drilled about 8 km northwest of AG20-01, on a new block of claims staked to cover a Goldrush analogue target, down dip from surface gold and arsenic anomalies (Figure 2). New geological mapping and information gained from AG20-01 suggested drilling would test Devonian shales, age equivalent to the Horse Canyon Fm, at their contact with the top of the Devils Gate Limestone. It was hypothesized for several reasons, including comparisons with the Goldrush area, that alteration and mineralization would strengthen down dip east of the surface geochemical anomaly. AG21-02 intersected the shale-limestone contact at 575’ where a clay zone, minor silicification, decalcification, and limonite were encountered, both in the siltstone/shale above and limestone below. The drill was then moved 750 meters south near the center of the claim block for AG21-03 (Figure 2). That hole intersected a karst cavity at 240-255’, then silicified, argillized and decalcified, sooty, black, calcareous siltstone and shale. A clay zone at 295-310’ separated the siltstone/shale from strongly decalcified Devil’s Gate Limestone, including fossil hash, coral fragments, silicification and some massive black jasperoid to 450’. Both iron oxide and pyrite were common in the alteration zone. A normal fault zone was encountered from 575 to 620’. Marble, graphitic slickensides, sporadic decalcification, pyritic and silicified zones enveloped the fault zone from 505-675. The hole was stopped at 700’ in calcarenite of the Lower Denay Formation. The alteration zone at the shale to Devils Gate contact from 240 to 450’ is considered excellent host rock and is correlative with and similar to alteration at the Goldrush ore deposit 40km to the northwest along the Cortez Trend. AG21-03 is located in an undrilled area and the zone is open in all directions. Normal faults noted on section B-B’ in the vicinity of the drill hole locally contain rhyolite dikes and anomalous mercury at surface (Figure 1). The samples from these drill holes are currently being shipped for assay


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