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Kisgegas Property
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The Kisgegas-KM Property is located 60 kilometres north of Hazelton, 1.6 kilometres northeast of Kisgegas Peak, B.C. Canada, and situated in the Omineca Mining Division. The five claims that comprises the KM Property cover the area of approximately 946 hectacres.
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The area is underlain by siltstones and sandstones of the Middle Jurassic to Lower Cretaceous Bowser Lake Group intruded by granodiorite dikes and sills of the Late Cretaceous Bulkley Intrusions. Several granodiorite plugs, also of the Bulkley Intrusions, outcrop within a few hundred metres of the showings. A completed work program performed in 1987 on the Property has been described in Assessment Report 17542.
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The showings consist of quartz vein stockworks and veins ranging up to 1.3 metres in width hosted within, or close to, the granodiorite dikes. They carry variable amounts of calcite and siderite, as well as pyrite, galena, sphalerite, chalcopyrite and rarely molybdenite. The work program included taking 29 samples over a strike of length of 2.5 km, as well as a bulk sample from one showings. The samples appear to indicate that the mineralization lies along 2 sub parallel E-W vein system.
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The average grades of the samples assay up to 0.7% copper, 20% lead and 20% zinc as well as minor amounts of gold and silver.
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A grab sample from one quartz vein assayed 0.3400 per cent copper, 1.9000 per cent lead, 0.0680 per cent zinc, 1840.0 grams per tonne silver and 0.40 gram per tonne gold (Assessment Report 17542).
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The reported historical figures are non-compliant with the current NI-43-101 guidelines.
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Recent Results
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During August of 2009, a three-week program consisting of silt, soil, and rock sampling, hand-trenching, and geologic mapping was performed on the property. Resampling in areas of anomalous results identified in Assessment Report 17542 (Hooper, 1987) has verified anomalous precious and base metals values. Reconnaissance geological mapping classified all feldspar +/- quartz porphyritic intrusives into sill-like bodies and one of two dike swarms, one trending E-W, and one trending N-S.
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The intrusive apophyses were found to host Pb-Zn-Ag+/-Au bearing quartz veins, which comprise the majority of mineralized occurrences. Zones of mineralized phyllic alteration within intrusive rock were identified and observed to outcrop to a greater extent on the previously unexplored north side of the property.
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A later dioritic stock in the southwest of the map area contains numerous, traceable, polymetallic quartz vein occurrences. Stream sediment sampling revealed two multi-element anomalies on the slope north of Kisgegas River. Follow-up prospecting of the anomaly to the northeast of camp resulted in the discovery of mineralized boulders, and one pyritic quartz vein was sampled at source.
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The multi-element anomaly immediately north of the camp uncovered a series of mineralized dikes, two areas of phyllically-altered and mineralized intrusive rock, and one example of a mineralized quartz vein intruding the sedimentary host rock, but did not fully explain the gold anomaly. (More details in 2009 Report)
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Historical Exploration
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Reconnaissance-style mapping and sampling by D.G. Hooper in 1987 (Minfile Report #17542) is the only reported work known on the KM Claim Group. In his 1987 report, Hooper states that five days were spent on the property during which geologic mapping and prospecting were performed.
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Twenty-nine grab-samples of primarily quartz vein material containing galena, sphalerite, chalcopyrite, and pyrite were collected along a 2.4-kilometer strike from the south side of the property. Resulting highlights from the assays include 1840 g/t Ag with 0.4 g/t gold (#51517), 670 g/t Ag with 1.54 g/t Au (#51503), and 112 g/t Ag with 0.6 g/t Au (#51522).
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The report concludes that high silver values are in accordance with high base metal values. The report also recommends that future mapping concentrate on locations of high vein density, and that sampling of host rock that may carry disseminated sulphides or may be incorporated in densely-veinleted stockworks should be performed to assess economically-viable zones.
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