FYI - PROGRESS
GoldON begins fieldwork at Slate Falls
2017-09-21 08:54 ET - News Release
Mr. Michael Romanik reports
GOLDON COMPLETES DATA COMPILATION AND COMMENCES FIELDWORK ON EXPANDED SLATE FALLS GOLD-SILVER PROPERTY IN NORTHWESTERN ONTARIO
GoldON Resources Ltd. has commenced fieldwork based on the conclusions and recommendations from the recently completed compilation of all historical exploration data available on the expanded Slate Falls property.
The detailed GIS and 3-D compilation involved data extraction from various historical assessment reports including: drill hole and surface sample records; numerous trenches, pits and rock sample descriptions; structural data; outcrop locations; and various other data including contacts, shear zones and geochemical grid locations. Interpretation work included reanalysis of airborne magnetic data with regridding of the data and 3-D analysis of drill hole and geochemical data in Leapfrog 3-D software.
The recommendations resulting from the interpretation and review of the data include:
- Property-wide geological mapping and rock sampling to follow up interpreted relationships between fold hinges and historic high-grade rock samples;
- Collection of detailed structural and alteration data including multielement analysis of rock samples;
- Determine source of geophysical anomalies in particular mapping potential mineralized structures and fold hinges;
- Assess potential for drilling better geochemical/geophysical anomalies that the limited historical drilling appears to have not targeted.
"Our data compilation represents the most comprehensive review of the historical exploration work in the Slate Falls area," said Michael Romanik, president of GoldON. "We are now proceeding with a systematic exploration plan that will lead to prioritizing the mineralized targets and defining an exploration model for the project."
The Slate Falls property is located between the Red Lake and Pickle Lake gold camps in the Patricia mining division and covers stratigraphy that is similar to and contemporaneous with the stratigraphy which hosts the past-producing (September 1988, to March, 1997) Golden Patricia gold mine 30 kilometres to the northeast.
The property is composed of mafic metavolcanics rocks deposited in a submarine environment. The mafic metavolcanics are intruded by gabbroic sills, mafic to ultramafic intrusive bodies, and felsic quartz-feldspar porphyry dikes and stocks. The felsic North Bamaji pluton occurs along the north shore of North Bamaji Lake. The greenstone belt has undergone two generations of regional folding and shearing to form the Bamaji shear zone. The Rockmere-Wesleyan synform strikes east-west across the length of the property with an eastwardly plunging fold axis (Wallace, 1985, GR232). The fold axis of an antiformal structure strikes northeast from the central-northern part of the property near the Sanderson zone. The shear zones which host quartz veins and sulphide mineralization strike east-west with subvertical dips.