My research has uncovered a major review of the Deer Cove Project of Maritime which exposes just how many high quality gold discoveries have been identified within that project of World Class potential.
Drilling at Deer Cove will add substantial speculative froth not including the significant lode type discoveries todate...
Geological & Orogenic-Mesothermal Gold Model
The Deer Cove Gold Project contains numerous auriferous alteration zones and over 15 lode type gold prospects which are shown on Maps 1 & 2.
The Project also hosts many untested major structures and cross cutting structures in favorable rock types, a number of which are coincident with anomalous Au and As soil and/or rock samples.
These subsidiary structures and important crosscutting splay faults are directly related to a number of prominent and regionally important EW striking thrust faults.
The normal faults are tear structures and conjugate fault sets intimately related to ongoing thrust faults which themselves are likely related to the basement-tapping, regionally important Baie Verte- Brompton Fault immediately to the west of and adjacent to the Deer Cove Project.
These faults served as important pipelines and plumbing structures for both proximal and distal migration of auriferous fluids; these fluids would be deposited only under favorable trapping conditions related to favorable rock types, crosscutting structures and minor changes in fluid chemistry.
The important subsidiary shears and alteration zones, now known to exist throughout the Project, are conducive to high-grade gold quartz veins.
Depth of fluid migration and precipitation would not be critical in these classic orogenic-mesothermal type environments.
Figure 5 is a time series of regional geological cross sections across the Baie Verte Peninsula showing the tectonic and structural development of the area (Hibbard, 1983); this reconstruction is still valid today.
Sections III & IV show a classic ‘orogenic-mesothermal’ gold environment and structural setting.
Figure 6 contains three self-explanatory cartoons that summarize a generalized geological model for orogenic-mesothermal gold deposits (Hagemann & Cassidy, 2000; Bierlien & Crowe, 2000; and Kerrich, et. al., 2000).
The similarities between Figures 5 & 6 is significant and indicates the importance of the Baie Verte fault zone and adjacent sympathetic structures for the potential to host major world class orogenic-mesothermal gold deposits.
Figure 7 is a cartoon-model based on the Deer Cove thrust fault and the conjugate high-grade gold quartz vein filled shears (Gower et. al., 1990).
Property Geology
The northern part of the Baie Verte Peninsula an