Gold Mountain
Quartz calcite veinlets occurring over a 200 by 300m area carry gold values from a few ppb to 0.632oz/ton. The property adjoins Ascot Resources' Red Mountain property to the southeast where gold and gold tellurides are found in various deposits such as the Marc zone (average grade 11.5 g/t gold).
Property Overview
The Gold Mountain property represents a significant exploration opportunity in the Red Mountain district with historic sampling returning exceptional gold values up to 0.632 oz/t Au.
Exploration History
Historic exploration has identified multiple gold-bearing zones with limited drilling.
Recent Developments
Recent work has focused on surface sampling and geological mapping.
Exploration Potential
Significant potential for discovery of additional high-grade gold zones.
Geological Setting
Understanding the geology that drives mineralization potential
Geological Summary
Located within the Iskut River volcanic belt, characterized by Jurassic volcanic and sedimentary rocks with extensive hydrothermal alteration.
Mineralization
- Epithermal gold system
- Quartz vein hosted mineralization
- High-grade gold values up to 0.632 oz/t
- Multiple target zones identified
Alteration
- Silicification
- Sericite alteration
- Clay alteration zones
Structural Controls
- Northwest trending structures
- Fault-controlled mineralization
- Multiple vein sets
Key Highlights
What makes this property exceptional
High-Grade Gold
Surface samples up to 0.632 oz/t Au
Strategic Location
Adjacent to Ascot Resources Red Mountain deposits
Multiple Targets
Several untested high-priority targets