Mineral Exploration

W inte r 20 1 8 43 PHOTO: COURTESY GOVERNMENT OF BRITISH COLUMBIA Precious metal projects IDM Mining Ltd. announced an updated mineral resource estimate of 2.77 million tonnes of 7.91 g/t gold and 22.75 g/t silver, Measured plus Indicated, for its Red Mountain project. The project is a proposed high-grade underground gold mine. As well, IDM was granted a provincial environmental assessment certificate. A federal certificate is anticipated for late 2018 or early 2019. GT Gold Corp. reported new results for the Saddle south target at its Tatogga project. Drilling highlights included 40.89 metres of 9.55 g/t gold. The company planned to drill 18,000 metres in 56 holes, with the possibility of expansion and drilling to mid-November. At its Premier/Dilworth project, Ascot Resources Ltd. planned to follow up on 140,000 metres of drilling in 2017 with an additional 45,000 metres in 2018. Results reported to date include 20.0 metres of 8.04 g/t gold—and 21.4 g/t silver—at the western extension of Premier, 7.2 metres of 20.67 g/t gold and 24.92 g/t silver—at the Big Missouri zone, and 12.38 metres of 8.91 g/t gold and 22.9 g/t silver—at the North Star prospect. Tudor Gold Corp. reported drilling results, including 121.8 m of 1.04 g/t gold with a high-grade interval of 26.6 g/t gold over 1.5 metres from the Copper Belle zone at its Treaty Creek project. American Creek Resources has a 20 per cent carried interest in the project. The Copper Belle zone has been traced by drilling for more than one kilometre along strike, with widths of 250 to 550 metres, and vertical extents from 300 to 500 metres. Skeena Resources Ltd. continued with underground and surface drilling at its past-producing Snip mine project. Results included 13.8 g/t gold over 18.00 metres. At the Eskay Creek project, Skeena carried out drilling, and initial results included 28.50 metres of 14.02 g/t gold and 701 g/t silver. In September, a maiden resource using historic surface and underground drilling results was announced for Eskay Creek. The pit-constrained Indicated resource estimate is 1.08 million tonnes at 4.9 g/t gold, 72 g/t silver, and the Inferred resource is 4.26 million tonnes at 3.3 g/t gold, 72 g/t silver. The underground Indicated resource is 2.51 million tonnes at 7.2 g/t gold, 215 g/t silver, and the underground Inferred resource is 0.81 million tonnes at 7.2 g/t gold, 214 g/t silver. The first drill hole of 2018 at the North Boundary Zone (NBZ), part of Aben Resources Ltd.'s Forest Kerr project, intersected multiple high-grade zones including 38.7 g/t gold over 10.0 metres. Subsequent holes also returned high-grade gold assays. The company discovered a new mineralized zone (South Boundary Zone), about 1.5 kilometres south of the NBZ. Drilling intersected quartz veins with abundant pyrite and chalcopyrite. The Red Cli• property is being explored under a joint venture between Decade Resources Ltd. (65%) and Mountain Boy Minerals Ltd. (35%). Drilling results for the Waterpump zone included 4.54 metres of 12.11 g/t gold. Drilling below a known high-grade portion of the Montrose zone intersected chalcopyrite-pyrite stockworks with visible gold. Other drilling programs for precious metals in the Northwest Region included those by Auryn Resources Inc. (3,000 metres at Homestake Ridge), Seabridge Gold Inc. (Iskut), StrikePoint Gold Inc., (1,500 metres at Porter), Jaxon Mining Inc. (2,200 metres at Red Springs) and Colorado Resources Inc. (KSP). Cu-Mo, Cu-Au-Ag, Mo (porphyry) projects GT Gold Corp. reported discovering a new porphyry at the Tatogga projects' Saddle North target, approximately 1.5 kilometres east-northeast of the Saddle South gold discovery. Initial drilling highlights included 430 metres of 0.67 g/t gold, 0.41% copper and 0.89 g/t silver. A later hole, approximately NORTHWEST REGION Visible gold in drill core from Aben Resources Ltd.'s Forest Kerr project.

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