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 51 Antofagasta plc drilled at the Yakh Ridge and Silver Fox properties, on land optioned from Kootenay Silver Inc. It is exploring the northern extension of the productive Western Montana Copper belt, where copper-silver mineralization is in Proterozoic sedimentary rocks. Grizzly Discoveries Inc. conducted an airborne geophysical survey at the Robocop property to explore for cobalt-copper-silver, with plans for drilling later this year. In the West Kootenays, Taranis Resources Inc. continued exploring the Thor property for gold and stratiform base metals. Drilling and ground-based magnetics, EM and VLF surveys have extended areas of known mineralization and Taranis is conducting metallurgical studies to characterize the ore. Klondike Silver Corp. continued exploring its Silvana project and has been rehabilitating surface infrastructure, including a 100-tonne-per-day flotation mill, and working on permit amendments for underground drilling later this year. High- grade sampling underground yielded results of up to 11,250 g/t silver, along with 23.4 per cent lead and 32.6 per cent zinc. Three- dimensional modelling of the parallel vein systems has helped the firm understand the deposit and identify potential targets. Prize Mining Corporation drilled at the Toughnut property to follow up on 2017 intersections of 2.95 g/t gold over 5.5 metres and 1.0 g/t gold over 17.7 metres. Braveheart Resources Inc. drilled at the past-producing gold, silver, lead and zinc Alpine mine. Prize also tested a density ore sorting method. A 72-kilogram run of mine sample was upgraded from 14.7 g/t to 20.3 g/t gold, with 92.8 per cent gold recovery and 32.7 per cent waste rejection and a 128-kilogram composite sample was upgraded from 25.4 g/t to 43.2 g/t gold, with 81.3 per cent recovery and 52.1 per cent waste rejection. Magnum Gold Corp. released results from its 2017 drilling on the LH property, which included up to 4.5 metres of 7.1 g/t gold. The company followed with further geophysics and drilling. Along the Kootenay Arc, Rokmaster Resources Corp. compiled historic data and sampled extensions of mineralization at its Duncan project for stratiform replacement zinc-lead, targeting historic grades of 6-10 per cent combined, with plans for drilling late in the year. In order to focus capital on other projects, Margaux Resources Ltd. dropped its option on claims and historic workings at the Jersey-Emerald, but retained interest in the Emerald tungsten tailings. It shipped a 3,500-kilogram tailings sample for testing to evaluate the potential for reprocessing and metal recovery. The average grade of individual samples tested at 0.11 per cent WO3. Margaux also explored at the Jackpot property Mercer.indd 1 2018-10-31 7:13 AM

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