TSX:LSG.DB - Post by User
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saskwatch63on Feb 15, 2016 5:05pm
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Post# 24559980
EXS v LSG - The HMC Model
EXS v LSG - The HMC Model
The Timmins Porcupine West project has as a target model the Hollinger-McIntyre-Coniaurum system. The Hollinger-McIntyre-Coniaurum (HMC) system has produced a total of over 30 million ounces of gold and is spatially associated with the Pearl Lake porphyry. The high-grade gold-bearing quartz veins which hosted the bulk of the gold at the HMC occurred in the adjacent mafic volcanics, located outboard from the porphyry itself. The porphyry is the heat engine that drives the precious metals bearing fluids into open spaces where the gold eventually settles. In this area of the Abitibi Greenstone belt, (near the towns of Timmins and West Timmins in Ontario, Canada), it is known that very large high grade gold deposits have been found on the edges of these geological structures. Most of the mineralized porphyries in these camps have already been mined out. The Pearl Lake porphyry is probably the most famous, but the high grade discovery by Lake Shore Gold also involves a porphyry and is located fairly close in geological terms to the EXS property. EXSs results emanate from a porphyry structure that is six times larger than the porphyry associated with the Lake Shore Gold discovery, and eight times larger than the Pearl Lake porphyry. This porphyry is huge and is mineralized.