Project Description/项目简介
Transportation & Location/运输及地理位置:
The Jersey Emerald property is located in southeastern British Columbia at latitude 49°06"N and longitude 117°13"W (NTS 82F/3), 10 kilometres southeast of the community of Salmo. The claims cover an area between the Salmo River on the west and the top of Nevada Mountain on the east, and are bounded by Hidden Creek on the north and the South Salmo River on the south. Year round gravel roads and power lines cross the property and water is plentiful. Underground workings of the historic Jersey and Dodger deposits are in excellent condition allowing for future underground access with little rehabilitation.
Exploration Work/勘查工作情况:
From August 10, 2014 to December 15, 2014, the Company drilled 35 holes totaling 6,318.8 metres.
The earliest record of exploration in the area dates back to 1895 when gossanous areas on the south side of Iron Mountain attracted the attention of prospectors. The area was initially explored for gold and the 1896 Minister of Mines Report states that assays as high as 100 g/t (3.5 oz/t) gold were obtained. Continued prospecting discovered lead mineralization on the Emerald claims and shipments were made beginning in 1910. In 1938, tungsten and molybdenite mineralization was discovered in skarn bands at the site of the long abandoned gold workings. In 1942 and 1943 the government put the Emerald Tungsten Mine into production to serve the war effort. The mine then remained inactive until 1947 when Canadian Exploration Ltd. (now Placer Dome) purchased the property. Tungsten production recommenced in 1947 and lead-zinc production in 1949. Tungsten production of 1.6 million tons grading 0.76% tungsten was produced from the Emerald, Feeney, Invincible and Dodger deposits. Lead-zinc production of 8.4 million tons grading 1.95% lead and 3.83% zinc was produced from the Jersey and Emerald deposits.
The Jersey Emerald property has remained inactive from 1973 when the mine closed until 1993 when the previous Company optioned the property.
Geological Profiles/地质概况:
The Jersey Emerald property lies near the south end of the Kootenay Arc and is underlain by rocks of the Cambrian Laib Formation and the Ordovician Active Formation. The Laib Formation is comprised of mixed carbonates and pelites that have been subdivided into the Truman Member brown argillites, the Emerald Member black argillites and the Reeves Member limestones.
The eastern part of the property has historically been mapped as a much younger (Ordovician) Active argillite, however recent work by the Company indicates that the contact may in fact be conformable and that the Active Formation appears to be geochemically identical to the Laib Formation Emerald Member black argillites. Three Cretaceous granitic stocks intrude the Jersey mine rocks. Work done since 1994 by the Company has defined four distinct deposit types on the Jersey Emerald property. These are carbonate-hosted lead-zinc (Irish style massive sulphide), sedex type zinc-silver-copper, and gold-bismuth skarn and tungsten skarn mineralization.
Reserves/储量:
A resource report has been prepared and will be updated to reflect the drilling of the most recent drill program in early 2015. A reserve report will not be prepared until the Company moves towards a feasibility study.
Mining Ore Prospect/找矿前景:
Zinc, Lead, Tungsten, Molybdenum, gold and silver
Assessments and Agent评估意见及评估机构:
A 43-101 compliant resource report was prepared in compliance with Canadian Securities Regulations
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