Mineral Exploration

Winter 2017

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

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46 Mineral Exploration | amebc.ca PHOTO: GOVERNMENT OF BRITISH COLUMBIA Precious metals KG Exploration Inc. (Kinross Gold Corporation) continued exploring for skarn, volcanogenic massive sulphide (VMS) and epithermal mineralization on 27,346 hectares optioned from Grizzly Discoveries Inc., and drilled at the Midway and Mt. Attwood claims. The land package is just north of the company's Kettle River operations in Washington State, which has a mill capacity of 1,800 tonnes per day. Also in the Greenwood mining camp, Golden Dawn Minerals Inc. signed a letter of intent to acquire assets owned by Kettle River Resources Ltd., which include a large land package and numerous past-producing mines. The package complements the company's 2016 acquisition of the Lexington mill (200 to 400 tonnes per day) from Huakan International Mining Inc. It drilled at its May Mac and Golden Crown projects, and began dewatering the historic Lexington mine and upgrading the mill. GGX Gold Corp. drilled and trenched at its Gold Drop property, targeting epithermal-style veins. In the West Kootenays, Margaux Resources drilled at its Bayonne project, targeting a past-producing vein system, and conducted grassroots mapping and sampling on its other properties in the Sheep Creek Gold camp. Prize Mining Corporation entered into an option agreement with Apex Resources Inc. to gain an interest in approximately 8,000 hectares, and began sampling on properties near the Daylight (Kena) project to prioritize targets for drilling late in the year. Valterra Resource Corporation followed up on mapping and soil sampling with drilling at the Swift- Katie project, targeting a gold vein system associated with an alkali porphyry. In the East Kootenays, PJX Resources Inc. continued exploring at the Dewdney Trail project, following up on stream- sediment samples anomalous in gold. It also continued mapping and sampling near geochemical anomalies at its Zinger property to identify targets for drilling. Polymetallic base and precious metals SEDEX and associated polymetallic mineralization in Mesoproterozoic rocks continued to be targets in the East Kootenays. PJX Resources Inc. continued geophysical work and drilling at the Vine property. At the Irishman project, Teck Resources Limited conducted geophysical surveys to better delineate targets, and Highway 50 Gold Corp. continued drilling at its Monroe property, o¢setting lead-zinc mineralization it identified in previous drilling. Eagle Plains Resources Ltd. conducted ground IP geophysics on its Iron Range project, and mapping and sampling at its Vulcan project. On the eastern margin of the Rocky Mountain Trench, Kootenay Zinc Corp. drilled at the Sully property, targeting magnetic and gravity anomalies in overturned structures within the Aldridge formation. North of the Canada-U.S. border, Antofagasta plc optioned more than 21,000 hectares owned by Kootenay Silver Inc. and drilled at the Silverfox property. It is exploring the northern extension of the productive western Montana copper belt, where copper-silver mineralization is in Proterozoic sedimentary rocks. In the West Kootenays, Taranis Resources Inc. continued exploring the Thor property, which has several gold and stratiform base metal targets. It produced a gold concentrate with a portable test mill for metallurgical testing, and is planning additional drilling to extend the deposit. Klondike Silver Corp. continued exploring its Silvana project, and is developing a 3D model of vein systems that were mined near Sandon to identify additional potential targets. Braveheart Resources Inc. drilled at the Alpine property, targeting a gold- and silver-bearing vein system. Along the Kootenay Arc, Rokmaster Resources Corp. compiled historical data and drilled at its Duncan project for stratiform replacement zinc-lead, targeting historic grades of six to 10 per cent combined. Margaux Resources Ltd. targeted the gold zone at the Jersey- Emerald project in drilling, and is working on a preliminary economic assessment to reprocess the historical mine tailings for tungsten. The company also drilled at its Jackpot project for stratiform zinc- lead, and conducted additional grassroots exploration and sampling along trend. Specialty metals and industrial minerals CertainTeed Gypsum Canada Inc. continued to advance the proposed Kootenay West mine, which entered environmental assessment in March 2017. SOUTHEAST REGION Skarn mineralization at Margaux Resources Ltd.'s Jersey-Emerald project.

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