Mineral Exploration

Winter 2013

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

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Gold Projects The Thor property in the Kootenay region where Taranis Resources Inc. focused activities on gold mineralization at the SIF zone. N orth of Stewart, Pretium Resources Inc. completed a 10,000-tonne underground bulk sample at its high-grade Brucejack gold project, near Seabridge Gold's KSM Project. Drilling this year returned 61 intercepts grading over 1,000 g/t Au. Gold distribution in sheared, deformed veins is difficult to predict but indisputably present. An updated resource estimate for the Valley of the Kings incorporating this year's drill results, and complete results of the bulk sample program, is expected in early 2014. South of Brucejack, Teuton Resources Corp. drilled its High property where grab samples have returned high-grade gold values. Photograph : Government of British Columbia p78-103_BCExploration.indd 81 Banks Island Gold Ltd. continues to advance the Yellow Giant gold project 120 kilometres south of Prince Rupert. Several structural gold targets at the Kim, Tel, Bob and Discovery zones were drilled, and a new road network across the property dramatically improved exploration access and potential portal locations for an underground bulk sample. Approximately 200 kilometres to the east, Deer Horn Metals Inc. released a preliminary economic assessment for the Deer Horn gold-silver-tellurium project based on a 74,000-tonne-per-year millfeed rate. In the Toodoggone district, Tower Resources Ltd. identified eight geo - ​ chemically anomalous targets at JD. Ground IP and drilling extended the Finn zone 400 metres to the west, and porphyry-style mineralization was discovered a kilometre to the east. At Ranch, Guardsmen Resources conducted an infill soil survey. On the Nechako Plateau, New Gold Inc. began feasibility studies at the Blackwater project. Drilling to the end of 2012 increased the resource to 9.50 Moz Au and 70.13 Moz Ag (M & I) to support a proposed 60,000-tonne-perday open-pit operation with a mine life of 16.4 years. Exploration focus switched to targets generated by a regional program and combined a suite of techniques w i n t e r 2 0 1 3      81 13-11-27 10:12 AM

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