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Silver Grail Resources Ltd V.SVG

Alternate Symbol(s):  SVGAF

Silver Grail Resources Ltd. is an exploration stage company and is in the business of acquiring, exploring, and dealing in mineral properties in the province of British Columbia (BC), Canada. The Company jointly conducts business and exploration activities with another company, Teuton Resources Corp. (Teuton). Its properties include Clone Property, Konkin Silver Property, Midas Property, Tonga-Fiji Property, Roman Property and others. Its royalty properties include Bay Silver Property, Mt. Boy Property, Ram Property, and others. The Company also has joint ownership with Teuton in various other properties. The Clone property is located about 16 kilometers (km) southeast of Stewart, BC. The Konkin Silver property is located about 29 km east of Stewart, BC. The Midas claims are situated 28 km east of Stewart, BC, and adjoin the Konkin Silver property to the north, and the Del Norte property of Teuton to the south. The Tonga-Fiji property is situated about 24 km north of Alice Arm, BC.


TSXV:SVG - Post by User

Post by highperon Aug 03, 2021 11:45am
189 Views
Post# 33642413

svg's new web page - konkin excerpt

svg's new web page - konkin excerpt

Description of Mineralization on the Konkin Silver

The main Konkin occurrence consists of carbonate, quartz, barite, galena, sphalerite and rare ruby silver and native silver in a bow-shaped structure spanning 114 feet. High silver values are most closely associated with galena which occurs as fine coatings on fractures, as coarse crystalline blebs and as disseminated grains. Maximum thickness of the feature appears to be in excess of 33 feet. In 1995, the Konkin showing was tested by a series of very shallow holes from a single set-up. One of these intersected 10 feet grading 5.02 oz/ton silver. At the formerly producing Torbrit silver mine to the south in the Kitsault River valley, similar silver mineralization also occurs in a bow-shaped structure, which, most notably, becomes wider and longer (along strike) with increasing depth. The Torbrit was Canada’s 3rd largest silver mine during the 1950’s. The Niknok and Onkkin showings were discovered in poorly exposed outcrop on the opposite valley slope from the Konkin Silver showing. The Niknok mineralization consists of coarse crystalline galena with lesser sphalerite within quartz-carbonate/minor barite stockworks. The zone is present in an area of abundant intrusive dykes and appears to have a relatively gentle dip into the hillside. At the mostly overburden-covered Onkkin showing, the surrounding soil has a distinctive dark brown-black colour suggesting the presence of manganese.

Two other silver-bearing zones were also discovered by prospecting, situated south of the Konkin Silver showing. These are the King Konk and Yoggi showings, the latter having had only very minor work to date. In 1994, east of the silver-bearing structures, a promising quartz breccia zone mineralized with tetrahedrite was discovered situated along a contact between volcanic and sedimentary rocks. A chip sample from this zone returned 0.202 oz/ton gold and 16.4 oz/ton silver over a 13.1 foot width.

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