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Geologica Resource Corp C.GRCM

Geologica Resource Corp. engages in the acquisition, exploration, and development of natural resource properties. The company explores for copper, gold, and rare critical metal deposits. It has an option and purchase agreement to acquire 100% of the mineral claims in the Topley copper gold project located in British Colombia; 100% interest in the Titan property located in the northwest corner of British Columbia; and 100% interest in the Lincoln property located in the Atlin mining district of British Columbia. The company was formerly known as Cabbay Holdings Corp. and changed its name to as Geologica Resource Corp. in February 2021. The company was incorporated in 2016 and is headquartered in Vancouver, Canada. Geologica Resource Corp. is a subsidiary of Tower One Wireless Corp.


CSE:GRCM - Post by User

Post by David8888on Dec 06, 2024 1:54am
130 Views
Post# 36348588

Geologica - The Titan Project

Geologica - The Titan Project

The Titan project

Geologica Resource strengthens its value proposition with its 100-per-cent-owned Titan project in B.C.’s Atlin mining district. Titan’s claims are adjacent to the Llewellyn fault zone, a more than 150-kilometre structure known to host numerous gold, silver and base metal showings, including the past-producing Engineer and Mount Skukum gold mines.

The property backs up its prospectivity with historical exploration dating back to 1899 from the likes of United Keno Hill Mines, Placer Dome and Eagle Plains Resources, as well as high-grade 2018 grab samples from the Buchans Creek showing in the north-central part of the property, and a high-grade polymetallic vein measuring 1-1.5 m wide enriched with gold, silver, copper, lead, zinc, antimony and tellurium. See select samples below:

Click to enlarge
(Source: Geologica Resource)

Management is currently analyzing more than 1,000 soil samples and 300 rock samples from Titan, as well as historical Skytem, airborne magnetic and EM survey data, to hone its exploration plans for a 2 km anomaly extending from Buchans Creek to the historical Rupert I showing, which yielded grab samples up to 4.1 g/t gold, 237.6 g/t silver, 11.8 per cent lead and 0.60 per cent zinc. At the Hook discovery rock samples assayed up to 62 g/t gold.

Furthermore, the company recently deepened its conviction in Titan by staking additional claims – totaling 658.15 hectares – where initial survey analysis suggests that mineralization extends to the west of the original land package, including rock samples of up to 1.8 per cent molybdenum.

Titan claims map

Click to enlarge
(Source: Geologica Resource)
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