Additionally, the 22 samples collected in 2021 from the discovery boulders on the Swan range in value from 0.76 to 286.2 g/t Au, 246 to 2202 g/t Ag, 21.5 to 57.33 % Pb, 0.07 to 2.87 % Cu and 0.41 to 32.11 % Zn.
The 2022 sampling is designed to extend and define the limits of this high-grade gold mineralization.
In 2020, a new zone of mineralization in quartz breccias associated with fine arsenopyrite (“Milestone”) was discovered on the Harry property averaging 7.86 oz/ton Au (269.5 g/t) across a 2 m width. The full width of this new zone has not been defined due to overburden cover (see the 43-101 report at: https://sedar.com).
IP survey is being conducted by Simcoe Geoscience from Ontario, geochemical sampling and mapping by geologists contracted from Hardline Explorations in Smithers, BC as well as Company contracted personnel. The Shaw Portable core drill is capable of 1-1.5m long core samples that are 41mm in diameter to provide geotechnical samples and to guide areas for diamond drilling. Many of the quartz stockworks are polished smooth by the glacial polishing making obtaining samples difficult. Saw cut and Shaw core drilling sampling will be carried out on these areas.
The Harry Property
The property consists of 3 contiguous claims covering approximately 1,333 hectares. The majority of the property including the Outlander claim lies along the NW portion of a geological corridor prospective for gold-silver mineralization that is up to 3 km wide and 15 km long extending from south end of the Premier Mine, possibly in the US, north to the Scottie Gold Mine and beyond.
Situated within the Skeena Mining Division, the Harry property lies in a prospective corridor running north-northwest from the Premier, Silver Coin, Big Missouri and Dilworth gold deposits presently being developed by Ascot Resources. To the west and north of the Harry property is the past producing Scottie Gold mine and immediately adjacent to Newcrest Mining on the northeast boundary.
The property is located along volcanic rocks on the south boundary area of the Summit Lake stock, part of the Texas Creek Plutonic suite in the Stewart Area. This suite of rocks is related to alteration and mineralization at the former producing Premier mine (produced 2,000,000 oz gold) 15 km south of the property and the KSM copper-gold porphyries and Brucejack Lake gold deposits. (Valley of the Kings deposit has reported 6.4 million ounces in the proven and probable categories).
The Harry hosts several 500 metre (“m”) wide zones of intense alteration that trend NW along the claim length. Within this intense alteration, sericite along with abundant pyrite is prevalent. Quartz veins, quartz breccias and semi-massive sulphides occur within these alteration zones. This type of alteration and mineralization is found at the nearby gold deposits being developed by Ascot.
The property is nearby infrastructure including year-round road access, a powerline, and an ice-free port in Stewart. In addition, a mill is being constructed by Ascot Resources at the site of the historical Premier Mine.
Work to date has only explored less than 10% of this under explored property.
About Optimum
Optimum Ventures Ltd. is a Canadian based mineral exploration company actively seeking opportunities in the resource sector. Its properties and projects are all located in British Columbia and the extensions of the “Golden Triangle” area of northern British Columbia into Alaska. The Company has an option agreement with Teuton Resources Corp. (TSXV:TUO) pursuant to which Teuton has agreed to grant to Optimum the option to acquire an up to 80% interest in the Harry and Outland Silver Bar properties, located near Stewart, BC.
For more information visit www.optimumventures.ca.
Qualified Persons
Mr. Edward Kruchkowski P.Geo., a member of the Company’s Board of Directors and registered in the Provinces of British Columbia is the “Qualified Person” under NI 43-101 and is responsible for the technical contents of this news release and has approved the disclosure of the technical information contained herein.
https://optimumventures.ca/optimum-ventures-commences-exploration-on-the-harry-property/