![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Saturday, April 14, 2012 11:39:48 AM
ASKE
Alaska Pacific Energy
The Bralorne area is steeped in a rich history of gold exploration, discovery and production dating back to 1828. The area has not been fully explored and with improving gold prices, interest in this area has increased significantly. Several companies, including Alaska Pacific Energy Corp., are interested in more exploration of the huge Bralorne mining camp.
Old timers who worked at Bralorne and various other close mining camps still talk excitedly, about finding clumps of gold. The Bralorne mining camp's historic gold production totaled 4.15 million ounces of gold according to various statistics. Operations closed due to low prices of gold, But much more exploration of the southwestern part of B.C remains open to companies.
The company (APEC) has an option on 4 MAIN PILOT GOLD CLAIMS (550.43 HECTARES) Capsule hornblende-biotite quartz diorite, a basic phase of Cretaceous to Tertiary Bendor pluton, occurs in Geologya northwest trending tongue across the property under option including Mississippian to Jurassic Bridge River Complex (Group) sediments. Quartzite, silicified argillite and foliated tuffs are metamorphosed to lower greenschist grade. The "Pilot shear" hosting the deposit trends southeast at the contact between silicified tuff of the Upper Triassic Noel Formation, Cadwallader Group quartz diorite and Bridge River sediments. The 3 metre wide shear contains a number of narrow, parallel quartz veins altered with sericite and kaolinite. Gold and silver values are continuous along this structure for 300 metres northwest. A chip sample taken over 0.9 metres assayed 11.1 grams per tonne gold and 56.9 grams per tonne silver (Assessment Report 11877). Another similar vein is reported to occur along the same trend about 150 metres west of the pilot shear. A well maintained portal to the Pilot vein is located near the mouth of Walker Creek on Gunn Lake. Further exploration work will have to be undertaken so as to gain more in depth data.
Recent ASII News
- Shares Soar as Firm Changes Course on Reverse Split • AllPennyStocks.com • 08/05/2024 06:32:00 PM
HealthLynked Corp. Announces Second Quarter and First Half 2024 Results: Continued Cost Reductions Set the Stage for Strategic Shift to App-Based Technology Services • HLYK • Aug 16, 2024 8:00 AM
PickleJar Announces Official Name Change and New Ticker Symbol • NREG • Aug 15, 2024 2:23 PM
VAYK's Q2 Profit Added to Accumulated Net Profit of Over $2.2 Million In 18 Months • VAYK • Aug 15, 2024 9:07 AM
Swifty Global Reports Strong Q2 Performance and Prepares for Major Exchange Uplisting • DRCR • Aug 15, 2024 9:04 AM
Mayback's Global Entertainment Signs Global Distribution Agreement with Children's Media Studio • AHRO • Aug 15, 2024 8:45 AM
POET Technologies Reports Second Quarter 2024 Financial Results • POET • Aug 15, 2024 8:04 AM