IN BC'S GOLDEN TRIANGLEKonkin Silver Property

Several silver bearing structures have been discovered within an exhalative horizon on the Konkin Silver property. Structural and mineralogical similarities exist with occurrences mined in the Kitsault River area to the south (Dolly Varden Mines), and the local setting has some affinities with the precious metal rich, VMS deposits at Eskay Creek. An airborne VTEM survey flown in October of 2005 has identified two large, unexplained EM anomalies sediments, east of the volcanic-hosted silver-bearing structures.

The Konkin Silver property is located 29 kilometres east of Stewart, British Columbia, adjoining south of the Del Norte-Midas property. Silver Grail Resources Ltd. and Teuton Resources Corp. own the property jointly (50-50).

RECENT EXPLORATIONKonkin Silver Mineralization

Mineralized Structures on Konkin Silver Property

Structure

Trench/Chipline

Width (feet)

Silver (oz/ton)

Konkin

341-349

29.5

34.94

Konkin

403-407

16.4

36.27

Konkin

408-412

15.1

6.18

Konkin

417-424

26.2

14.84

Konkin

426-429

14.8

2.53

Konkin

430-432

11.2

27.11

Niknok

158-166

29.5

19.00

Niknok

167-168

6.6

17.16

Onkkin

94-95

6.6

10.02

King Konk

#1

5.7

27.00

King Konk

#2

7.1

23.63

King Konk

#3

13.1

4.21

King Konk

#4

13.1

15.03

 

2018 ZTEM Anomaly

A follow-up Geotech ZTEM survey flown in 2018 identified two large gold targets, the A9 and A10 (these overlap the earlier VTEM anomalies),  as well as a porphyry target (P3). . 

 

Two gold target areas were confirmed during the 2018 Geotech ZTEM survey (see map).  These have been described as follows:

A-9  This target is located in the south-eastern part of the block and lies within the Konkin Silver mineralized zone. It lies within the Hazelton Group volcanics and appears to be structurally controlled by a NNW striking fault. It is stretching roughly in the NNW direction over a distance of ≈ 2 km along an inferred fault zone. It has an estimated resistivity value of < 30 ohm-m at depth of 300m and coincides with a strong Aerotem conductor.  

A-10  Located in the south-eastern corner of the survey area, this target is stretching roughly in the NNW direction over a distance of ≈ 1.5 km. It lies within the Hazelton Group volcanics and occurs at the contact with a magnetic structure.  It exhibits an estimated resistivity value of <25 ohm-m at depth of 300m and coincides with a strong Aerotem conductor.

 

Eskay Creek is a precious metal rich VMS deposit and portions have similar geology to the Konkin showing, with high grade gold and silver in massive baritic zones.

– Ross Sherlock, Ph.D., SRK Consultants.

 

Description of Mineralization on the Konkin Silver

The main Konkin occurrence consists of carbonate, quartz, barite, galena, sphalerite and rare ruby silver and native silver in a bow-shaped structure spanning 114 feet. High silver values are most closely associated with galena which occurs as fine coatings on fractures, as coarse crystalline blebs and as disseminated grains. Maximum thickness of the feature appears to be in excess of 33 feet. In 1995, the Konkin showing was tested by a series of very shallow holes from a single set-up. One of these intersected 10 feet grading 5.02 oz/ton silver. At the formerly producing Torbrit silver mine to the south in the Kitsault River valley, similar silver mineralization also occurs in a bow-shaped structure, which, most notably, becomes wider and longer (along strike) with increasing depth. The Torbrit was Canada’s 3rd largest silver mine during the 1950’s. The Niknok and Onkkin showings were discovered in poorly exposed outcrop on the opposite valley slope from the Konkin Silver showing. The Niknok mineralization consists of coarse crystalline galena with lesser sphalerite within quartz-carbonate/minor barite stockworks. The zone is present in an area of abundant intrusive dykes and appears to have a relatively gentle dip into the hillside. At the mostly overburden-covered Onkkin showing, the surrounding soil has a distinctive dark brown-black colour suggesting the presence of manganese.

Two other silver-bearing zones were also discovered by prospecting, situated south of the Konkin Silver showing. These are the King Konk and Yoggi showings, the latter having had only very minor work to date. In 1994, east of the silver-bearing structures, a promising quartz breccia zone mineralized with tetrahedrite was discovered situated along a contact between volcanic and sedimentary rocks. A chip sample from this zone returned 0.202 oz/ton gold and 16.4 oz/ton silver over a 13.1 foot width.


Property Location

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