Archean Lode Gold; Au-rich VMS
|Status:||Advanced Stage Drilling and Grassroots Exploration|
|Potential:||Very Good – at Main Zone for defining a resource
Very Good – for discovery of additional zones along the trend
|Results:||Drilling results include: 53 g/t Au / 0.55m, 32 g/t Au, 33g/t Ag, 1.36% Cu / 0.40m, 5.2g/t Au, 25g/t Ag, 8.0% Zn / 1.5m. Surface grab samples up to 101g/t Au; channel samples up to 132g/t Au.|
|Ownership:||100% Champion Bear|
The Plomp Farm Property is located 20km west of Dryden in NW Ontario. The property occurs in two main blocks that overlie 13 km of favourable stratigraphy within the Thunder Lake assemblage (host of the Goliath Gold deposit currently under exploration by Treasury Metals Inc.).
The West block hosts the Plomp Farm Main Zone where mineralization occurs within a broad corridor of gold enrichment associated with pyrite and elevated silver and base metals (Cu-Zn-Mo and Ba) concentrations. For example, diamond drilling has intersected a 36 metre wide zone of altered felsic flows with 1 to 3% pyrite, chalcopyrite, sphalerite, and gold mineralization. Within the corridor, higher grade zones appear to occur as ore shoots with gold grades locally >3 g/t and corresponding base metal values of <0.5% Zn + Cu. Individual intersections include 7.84 g/t Au, 27 g/t Ag, and 0.11% Zn over 2.0 metres, several others have yielded values of ranging from 3.4 to 34.9 g/t Au with > 0.27% Cu. Another hole encountered 5.2 g/t Au, 25 g/t Ag, and 7.99% Zn over 1.5 metres within an altered quartz-sercite schist (felsic volcanic).
The Thunder Lake assemblage of altered, mineralized felsic volcanics and sedimentary rocks can be traced eastward from the Main Zone across the East block of claims to the Goliath Gold Deposit. The East block overlies this favourable assemblage and remains under-explored for its gold potential.