TOP PROPERTY SUMMARY...The TOP property ("Property") is situated within the Carmacks Caldera, a newly discovered 60 km by 100 km volcanic-related subsidence structure formed in the Late Cretaceous period (approximately 65-70 million years ago) and visible in Landsat images. The central part of the caldera is a low-lying unglaciated area of the Yukon Plateau. Whitehorse, the regional center for supplies and personnel, is 124 km southeast of the south side of the caldera, accessed via the paved Klondike (Whitehorse-Dawson) Highway.
The Carmacks Caldera contains the most concentrated number of 99th percentile (>100 ppb) stream sediment gold anomalies in Yukon, and has predominant northwesterly and cross-cutting northeast-erly structural trends. Northwest-trending regional structures and related northeast and east-trending cross structures have been identified by the Yukon Geological Survey (“YGS”) as the main structural trends hosting mineralization throughout the Dawson Range Gold Belt. Structural analysis, magnetic data, and regional geochemical data were used to identify highly prospective targets. The Mt. Nansen gold-silver deposit and Tahte copper-gold porphyry prospect are evident using these data, as are the targets on the TOP property.
The Property is situated approximately 20 km northwest of the Mt. Nansen gold mine and 59 km northwest of the Tahte porphyry prospect. The Mt. Nansen vein-type porphyry- and breccia-related deposits are linked to northwest-trending faults associated with strong magnetic anomalies in the immediate vicinity of northeast-striking cross faults. The Mt. Nansen property is situated along the northern edge of the caldera and contained an estimated 556,500 tonnes grading 11.93 g/t gold and 211 g/t silver.
Regional geological mapping conducted north of the caldera in the mid 1980s is considered reliable. No detailed map-ping has been carried out since then. Property lithology shows significant structural trends and, based on the 1986 geo-logical interpretation, consists of Cretaceous-age (65-145 million years ago) intrusive in contact with Cretaceous-age Carmacks volcanics (mainly on the northeast side of the claims).
The Property is located along a northwest-trending fault structure, which appears to pass through the Mt. Nansen Mine area to the southeast. Northeast-trending structures cut across the Property, intersecting the main northwest-trending structure in several locations. The Property is underlain by a large, slightly elongated, bull’s-eye magnetic high anomaly.
The Property has several gold anomalies found in creeks draining the entire length of the Property. A repeatable gold anomaly with values of 12 ppb / 24 ppb and an 18 ppb gold anomaly were identified in creeks on the northern end of the claims. Other gold anomalies found in creeks draining the Property included values of 17 ppb and 106 ppb.
Significant gold anomalies have been found in soils on the Property. In 1971, Kennco Explorations identified a 345 ppb gold soil anomaly and several other 100+ppb gold soils on the northern part of the Property close to an area where two creeks with anomalous stream sediments gold anomalies originate. Minfile Reports for the area are found at:
https://ygsftp.gov.yk.ca/publications/minfile/text_files/115I/115I047.pdf
Assessment of adjacent regional stream and rock sampling, geological mapping, and of local geophysics suggests that an epithermal gold-silver or a porphyry copper-gold deposit model should be considered to guide exploration over the target area.
Number of Claims: 216 Number of Hectares: 4,511
Location: 59 km NW of Carmacks, 207 km NW of Whitehorse
Exploration Target Types: 1) Epithermal Gold-Silver model 2) Porphyry Copper-Gold model