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Black Isle Res Corp New BLAIF

Black Isle Resources Corp is a natural resource company operating in Canada. It is principally engaged in the acquisition and exploration of mineral properties. The company holds an interest in Jet Property.


OTCPK:BLAIF - Post by User

Bullboard Posts
Post by prospector24on Aug 17, 2012 7:55pm
275 Views
Post# 20231819

news

news

 

 

Black Isle maps, samples, compiles data on Scramble

2012-07-27 13:13 ET - News Release

 

Mr. Donald MacDonald reports

PROJECT UPDATE; BLACK ISLE'S SCRAMBLE PROJECT, KENORA ONTARIO

Black Isle Resources Corp.'s property is located approximately eight kilometres east of the business centre of Kenora, Ont. The property is adjacent and contiguous in part to the patented lands where the Scramble mine gold deposit was outlined in the late 1980s by Boise Cascade. It consists of two contiguous Crown claims, 4256949 and 4256950, which comprise a nominal area of 224 hectares and are currently held under an option agreement.

Work recently done by Black Isle includes geological mapping and sampling of bedrock, exposed by road building, and gravel pit and rock quarrying operations since the exploration programs of the 1980s, which centred on the Scramble mine deposit. This earlier work suggested that the Scramble mine zone to the northeast may plunge moderately toward the southwest and onto the property, so these new exposures are significant. A 300-metre-by-100-metre active quarry has exposed lithologic units, in particular locally silicified and pyritic felsic rocks, which are similar in character to those around the Scramble mine deposit, but deformation, alteration and quartz veining are less intense than at the Scramble mine. Nevertheless, five samples from the present survey contain from 0.5 to one gram per tonne gold, all associated with quartz veining or silicification.

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