Sheslay Valley Cu-Au Porphyry Play Heats Up More
Significant news this morning from Ashburton Ventures Inc. (ABR, TSX-V) which adds further support to the theory that Doubleview Capital Corp’s (DBV, TSX-V) recently announced discovery at its Hat Property may extend for a considerable distance to the east and southeast…
Besides staking additional claims, Ashburton has reported that a “large gossanous zone” has been observed, through recent flyovers, along the western edge of its Hackett Property contiguous to Doubleview’s Hat Property and within just 1,000 meters of DBV’s discovery holes…DBV’s discovery, as we showed in an updated map last week, is within a parallel trend dipping southeast that begins at least nine km to the northwest at Prosper Gold Corp’s (PGX, TSX-V) advanced Star target…several of these parallel trends appear to exist throughout the Sheslay district, extending all the way through Garibaldi Resources Corp.’s (GGI, TSX-V) massive Grizzly Property south to Teck Resources Ltd.’s (TCK, TSX) Eagle Project…
The existence of a large gossan on the western edge of the Hackett is interesting indeed, and this is also very close to the historical “Hoey” showing that appears to be on Doubleview’s ground…besides “Anomaly B”, where DBV has made its discovery, four other areas with similarly strong geophysical and geochemical characteristics, including two areas with Copper mineralization and Gold values in surface outcrops, have not been tested by drilling at the Hat…as DBV stated in its Jan. 20 news release, “The horizontal distance from mineral zones in drill hole H-6 to drill hole H-8 is almost one kilometre. Speculatively, if the newly discovered mineral zone is, as appears likely, continuous with the historic Hoey Copper-Gold zone that lies two kilometres south of the drill hole H-8 and has closely similar geologic and mineralogic characteristics, the horizontal extent may be in excess of three kilometres.” Given what Ashburton is now reporting, it’s quite conceivable that any deposit at the Hat could extend onto ABR’s Hackett Property with continued potential going east and southeast…Garibaldi‘s acquisition of the Hat East and Hat East 2 claims to add to the Grizzly (plus the staking of Grizzly strike extension claims) represents a growing understanding of this whole system…
