Mineral Exploration

Winter 2018

Mineral Exploration is the official publication of the Association of Mineral Exploration British Columbia.

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W inte r 20 1 8 45 200 metres to the northwest, returned 363 metres of 1.02 g/t gold, 0.51% copper and 1.72 g/t silver within 904 metres of 0.51 g/t gold, 0.30% copper and 0.93 g/t silver. Golden Ridge Resources Ltd. announced discovering a new copper-gold porphyry at its Hank projects' Williams Zone. The first hole intersected 327 metres grading 0.31 per cent copper, 0.35 g/t gold and 1.94 g/t silver. Additional drilling returned similar grades, and the company expanded induced polarization survey coverage. Doubleview Capital Corp. optioned its Hat project to Hudbay Minerals Inc. Hudbay will be the operator and has the right to earn up to 65 per cent interest by fulfilling the terms of a three-stage agreement that includes expenditures of $40 million and costs for a feasibility study. In the summer, a 40 line-kilometre, deep- penetrating induced polarization survey was carried out to establish the depth, shape, structure and dimensions of the gold-copper mineralization." ML Gold Corp. intersected a mineralized porphyry at its Stars property. Mineralization in the discovery hole was in more than 400 metres of core, which assayed 0.20 per cent copper, 0.0082 per cent molybdenum, 0.754 g/t silver and 24 ppb gold. Drilling resumed in the fall after interruption by forest fires. Seabridge Gold Inc. carried out approximately 16,700 metres of exploration drilling at the Iron Cap deposit of the KSM project, to continue testing the core zone of the deposit down plunge to the west. Initial indications were that the deposit is nearly continuous to depth of at least 1,800 metres. Amarc Resources Ltd. drilled six holes, totalling 3,060 metres at its Duke project to follow up on 2017 results. Seven of the eight holes drilled in 2017 and 2018 intersected copper-molybdenum-silver porphyry mineralization. Surge Copper Corp. (formerly Gold Reach Resources Ltd.) discovered a new copper zone 500 metres northeast of the East Seel deposit at the Ootsa project. The discovery hole intersected 202 metres of continuous mineralization and assayed 0.26 per cent copper, 0.31 g/t gold and 1.32 g/t silver. A later hole intersected 22 metres of 0.5 per cent copper, 0.10 g/t gold, 17.6 g/t silver, 0.65 per cent zinc and 0.14 per cent lead. Other drilling programs for porphyry projects in the Northwest Region included Metallis Resources Inc. (Kirkham property, Cli›, Nina, and Cole targets). Base and precious metal projects Coeur Mining Inc. carried out a 44,500- metre exploration drilling program at its Silvertip mine. Designed as infill drilling, the program also discovered new zones. Surface drilling at the Discovery Zone intersected new mineralization including 11.4 metres of 193.3 g/t silver, 18.3 per cent zinc and 3.2 per cent lead, and 6 metres of 925.7 g/t silver, 16.0 per cent zinc and 15.2 per cent lead. The Discovery Zone remains open to the north, south and east, and at depth. New multiple stacked manto horizons and vertical feeders were intersected at the Silver Creek Zone. Results included 3.8 metres of 905.5 g/t silver, 29.2 per cent zinc and 16.5 per cent lead. The success of this drilling program prompted the approval of a US$4-million follow-up program. Dolly Varden Silver Corporation proceeded with about 25,000 metres of drilling at its Dolly Varden project and discovered a new zone (Bonus Zone). Drilling results included 15.50 metres grading 161.4"g/t silver, 0.25"per cent lead and 0.20"per cent zinc. Drilling on known zones included 24.00 metres grading 287.5"g/t silver, 0.29"per cent lead, and 0.11"per cent zinc at Torbrit East and"29.15 metres grading 226.0"g/t silver, 0.09"per cent lead, and 0.13"per cent zinc at Moose-Lamb. Kutcho Copper Corp.'s Kutcho project is an advanced project with a Probable mineral reserve of 10.4 million tonnes at 2.01 per cent copper, 3.19 per cent zinc, 34.61 g/t silver, and 0.37 g/t"gold. Kutcho carried out a comprehensive review of historic data to identify targets for drilling. Results of this drilling included 28 metres of 2.09 per cent copper, 6.1 per cent zinc, 65.8 g/t silver and 0.82 g/t gold. A feasibility study is scheduled for Q2 2019. American Creek Resources Ltd., reported high-grade gold (up to 61.2 g/t) and silver (up to 1186 g/t) along with base metals from surface and underground samples at the Dunwell Mine project. This past-producing mine processed 45,657 tonnes averaging"14.3 g/t gold equivalent. SSR Mining Inc. committed to spend $4 million on the SIB property under option from Eskay Mining Corp. A 7,000- to 9,000-metre drilling program was announced in July. Ni-Cu-Co-precious metal projects Garibaldi Resources Corp. followed up on a 2017 discovery at its E&L (Nickel Mountain) project with a fall drilling program. Preliminary highlight results included 30.5 metres of 3.10 per cent nickel, 1.86 per cent copper, 0.081 per cent cobalt, 0.863 g/t platinum, 1.776 g/t palladium, 0.739 g/t gold and 7.3 g/t silver. Property-wide mapping and prospecting followed up on anomalies identified from VTEM surveys. Metallis Resources Inc. announced fall drilling at its Kirkham property. The northern border of Kirkham is contiguous with Garibaldi's E&L project. Drilling will test coincident airborne magnetic high and electromagnetic geophysical anomalies at the Thunder North targets. Giga Metals Corp. drilled over 10,000 metres at its Turnagain project to test new targets, provide infill, collect samples for metallurgical testing, and yield geotechnical information to support pre-feasibility studies. The project has Measured and Indicated resources of 865 million tonnes at 0.21 per cent nickel, 0.013 per cent cobalt, and an additional Inferred resource of 976 million tonnes at 0.2 per cent nickel, 0.013 per cent cobalt. Cobalt projects Primary Energy Metals Inc. carried out mapping and sampling on its RD property. Sample highlights included a 0.30-metre chip sample assaying 18.2 g/t gold, 0.054 per cent cobalt, and 1.91 per cent copper, and a 0.25 m chip sample assaying 20.0 g/t gold and 0.194 per cent cobalt. NORTHWEST REGION

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