The “Golden Triangle” may be one of the most prolific mining areas in the world. Estimated to hold about 219 million ounces of gold, about 87.7 million pounds of copper, and about 1,342 million ounces of silver, it could offer substantial opportunity for Metallis Resources Inc. (TSXV: MTS)(OTCQB: MTLFF)(FSE: 0CVM), Seabridge Gold Inc. (NYSE:SA)(TSX:SEA), Eskay Mining Corp. (TSXV:ESK)(OTC:ESKYF), Tudor Gold Corp. (TSXV:TUD)(OTC:TDRRF), and Skeena Resources Ltd. (TSX:SKE)(OTC:SKREF).
Better, “Over 130 million ounces of gold, 800 million ounces of silver and 40 billion pounds of copper have been discovered in the Golden Triangle and this is only scratching the surface. Exploration results by numerous junior explorers have made it clear that the Golden Triangle is metal-rich with further significant discovery potential,” as reported by Resource World.
One of the Companies Operating in the Golden Triangle is Metallis Resources Inc.
Metallis Resources Inc. (TSXV: MTS)(OTCQB:MTLFF)(FSE:0CVM) just announced the commencement of its 2021 drill program at its 100%-owned Kirkham Property. The Property is situated in the prolific Eskay Camp of the Golden Triangle in northwestern British Columbia, a district known worldwide for the past producing Eskay Creek and Snip gold mines, Seabridge’s KSM porphyry deposits and Pretium’s producing Brucejack gold mine.
An initial 8,000m drill program has begun – with a focus on the Cliff-Miles porphyry corridor that forms a 4 km section of the Hawilson Monzonite, a 7.5 km long porphyritic intrusion on the property. The Program will target two types of mineralization. The first holes (Click Here to View Map) are intended to test for higher grade copper and gold mineralization beneath previous drill hole intersections. The other target in the Miles Zone is the large gold-bearing overprinted siliceous zones and quartz-carbonate-sulphide veins that are coincident with a prominent IP resistivity-high and a strong gold-in-soil geochemical anomaly. Preliminary results from the recently completed property wide ZTEM survey, along with drill core re-logging and ground truthing work over the last two weeks, has helped support the geological team with confirming optimal drill collar locations.
Metallis’ VP of Exploration Dave Dupre stated, “Metallis’ planning and early execution of time sensitive actions have led to the on-time commencement of the diamond drilling program at the Cliff/Miles Zone. During the past two weeks, the field crew has constructed most of the drill pads and relogged over 6,500m of drill core from 12 holes that have a bearing on this year’s target selection.” He went on to add, “A very aggressive drilling campaign has been planned for this field season. This program will seek to expand on last year’s results such as KH20-37 which returned 83m @ 0.68 g/t AuEq.* and KH20-34 which returned 141m @ 0.64 g/t AuEq.”
*Gold equivalent grades (“AuEq.”) are for comparative purposes only. Calculations are uncut and recovery is assumed to be 100% as no metallurgical data are available. The metal prices including: US$1700/oz Gold, US$20/oz Silver, US$3.0/lb. Copper & $9.0/lb. Mo. were used for (AuEq g/t).