RE:Source of the Pardo gold?If you read the old Geosciences Canada article I posted, the theoretical potential for paleo-placer deposits was based on the known presence of primary gold deposits to the north. From page 33 of the article:
"Here in the Cobolt Embayment (Figs. 1 and 3), the Lower Proterozoic metasediments assume a marked polymictic character and extend north toward the great greenstone-hosted gold camps at Kirkland Lake, Timmins and Lander Lake. There, the syenetic host rocks to gold in the Kirkland Lake area were in place prior to the deposition of the upper Huronian strata (see Lovell and Grabowski, 1981 for details); thus appropriate source rocks were probably present in the Huronian drainage basin."
So KGI.to and others are are already mining the primary deposits up north, while GEG is looking for the gold that has settled in the basin from hundereds of milions of years of erosion and deposition.....which I personally believe should be more economical to mine and recover.
From the KGI.to website:
Kirkland Lake Gold Inc. is an operating and exploration gold company located in Kirkland Lake, ON in the Southern Abitibi gold belt. In 2001, the Company acquired 13,000 acres of five contiguous formerly producing gold mines, which had historically produced 21 million ounces of gold grading 15.1 grams per ton (0.44 ounces per ton) primarily from the Main/’04 Break system.
So in the Yukon, they found the haystack, but never found the needle, where as in Huronian Basin, they found lots of needles, but never found the haystack.....
I hope this helps you understand the geomorphology here a little better, because without your write-ups, I wouldn't have even known about this company and their prospects.....which I am very excited about!
Thanks!