Commodity: Base Metals, Gold
Claim block number (units): 10655 (55)
NTS Location: 21 G/01
Contact Information: 506-566-1962
Includes Mineral Occurrence 548
Au, Ag, Cu, and Pb Mineralized Zone:
2019-22 Exploration Seasons
Recent prospecting identified what appears to be a large stockwork “IOCG-style” mineralized system. Multiple iron carbonate veins cut a Cambrian granodiorite (similar to the Little Lepreau project). Initial assays returned 413 ppm Ag, 190 ppb Au, 2.27% Cu, 0.1% Sb, and 24.6% Pb (Table 1, Fig. 2). These encouraging results were confirmed with sample 20RM143: 2 g/t Au, 309 ppm Ag, 1.2 % Cu, and over 3% Pb. The silver appears to be both native and within argentiferous galena. Most sampled veins contained high-grade copper, significant silver (up to 969 g/t Ag), as well as gold mineralization. Exploration on the Shadow Lake Project has identified more than 13 ore-grade mineralized quartz-iron carbonate veins exposed at surface, along highway cuts and within three nearby gravel pits (Fig. 1).
In August of 2022, additional mineralized veins were discovered. These high-grade mineralized quartz-iron carbonate veins in outcrop/subcrop have confirmed that this zone is continuous along strike of the initial discoveries for an additional 3.5 km (Fig. 1). Numerous copper outcrops ranging from 1% to 12% Cu, highlight the presence of an immense copper, silver, and gold mineralizing system with significant deposit potential.