TSXV:FGC.H - Post by User
Post by
Opportunity1967on Jan 25, 2021 2:12pm
143 Views
Post# 32377221
Copperlode Project-Several VMS-Style Deposits - Drill Ready
Copperlode Project-Several VMS-Style Deposits - Drill Ready A PROJECT WITH SEVERAL VMS-STYLE DEPOSITS – THAT ARE DRILL READY Copperlode is strategically located 65 km east of Red Lake and contained within the Confederation Greenstone Belt which hosts the former South Bay Cu-Zn mine and several VMS-style occurrences and deposits. Trillium Gold recently acquired a large land package contiguous to Frontline’s Copperlode Property.
A PROJECT WITH SEVERAL VMS-STYLE DEPOSITS – THAT ARE DRILL READY Approximately 82 drillholes that have been drilled on the Copperlode property.
For Investor Presentation see:
https://static1.squarespace.com/static/5f05dfd0746eab5f8794cb49/t/5fcfd39ad213cc629d20e435/1607455671442/Copperlode+Property+Overview+V1.pdf)
Summary: - Property consists of 22 claim cells and 7 boundary cells totaling 479 hectares.
- The Property is strategically located 65 km east of Red Lake and 45 km northeast of Ear Falls, Ontario. The South Bay mine road and logging roads provide excellent access.
- The claims are contained within the Confederation Greenstone Belt which hosts the former South Bay Cu-Zn mine and several VMS-style occurrences and deposits.
- The Cycle III volcanic sequence of the Confederation Greenstone belt underlies the property and is the only volcanic cycle to host significant Cu-Zn deposits. Litho-geochemical sampling of altered volcanics indicates widespread Na-depletion and Mg-enrichment typical of VMS footwall hydrothermal alteration.
- The Copperlode Property contains 6 parallel en-echelon VMS horizons which have undergone very limited drilling. Of note is the Copperlode ‘E’ Zone with tonnage estimates of 300,000 tonnes grading 0.60% Cu, 4.36% Zn and 0.40 g/t Ag with credits of gold and indium.
- Drilling by Noranda Mining in 1994-1995 was shallow (< 100 metres). Very little drilling and downhole EM has been performed on the Copperlode property since.
Zone Mineralogy - B-Zone - delineated by diamond drilling for a strike length of 365 metres to a depth of 60 m. The best drill intersection returned 1.68% Cu, 2.5% Zn, over 6.25 m. Mineralization consists of massive sulphide (Po, Sp, Cp) localized at the contact of a quartz-biotite-garnet sericite schist carrying 2-5% disseminated Py-Cp and garnetiferous amphibolite.
- C-Zone - delineated by diamond drilling for a strike length of 215m to a depth of 45 m. The best drill intersection returned 6.02% Cu, 0.21% Zn over 1.5m. Mineralization consists of massive sulphide (Po, Cp, Sp) at the contact of an intermediate quartz feldspar tuff with an amphibolite.
- D-Zone - delineated by diamond drilling for a strike length of 165M, to a depth of 100m. Best diamond drill hole intersections include: 1.75% Cu, 0.86% Zn, 7.7 opt Ag and 0.32 opt Au over 3.4 m; and 0.72% Cu, 12.6% Zn and 1.0 opt Ag over 2.25 m. Mineralization is localized within a siliceousrhyolite fragmental, proximal to a quartz feldspar porphyrtic rhyolite.
- E-Zone - most significant historic sulphide zone on the property. The zone is traced by diamond drilling for a strike length of 300m to a vertical depth of 100 m and appears to be plunging to the east. Tonnage estimates range up to 300,000 tonnes grading 0.60% Cu, 4.36% Zn, 0.40 opt Ag, which includes 160,000 tonnes grading 1.02% Cu, 8.28% Zn, 0.70 opt Ag. Mineralization consists of massive to stringer sulphide hosted by a siliceousrhyolite fragmental adjacent to quartz-feldspar porphyritic rhyolite/subvolcanic intrusive.
- Stringer Zone - a zone of stringer sulphide mineralization intersected by five drill holes along a 100 m strike length, to a depth of 200 m approximately. The zone consists of stringer to massive sulphide mineralization consisting of pyrite-pyrrhotite and lesser sphalerite and chalcopyrite over a 57 m interval. Assays returned anomalous Cu, Zn values up to 0.34% Cu and 2.33% Zn. Interestingly a 25 foot section of massive sulphide mineralization including a 10 foot section with 2% chalcopyrite was lost and never assayed from hole C-74. A deeper hole drilled under C-74 reportedly intersected stronger increased sulphide mineralization with increased Zn values. Incomplete assays include 0.15% Cu, 3.17% Zn/4.6 m.
- Hornet Zone - a blind sulphide zone discovered in a 1994-95 program by Noranda. The zone is parallel to the E-Zone, extending at a vertical depth of 330 to 550 m for 600m strike length. Mineralization consists of massive to stringer sulphide composed of Po-Sp-Cp, hosted in an intensely altered (chlorite - biotite - garnet - andalusite - staurolite) felsic volcanic unit which defines the South alteration zone. The zone remains open at a depth and up dip below the -200m level. Notable drill holes intersections include 1.13% Cu, 4.07% Zn over 5.03m (including 2.13% Cu, 6.52% Zn over 2.1 m); and 0.08% Cu, 7.56% Zn over 6.6 m (including 0.08% Cu, 10.25% Zn over 3.8 m.