Upload
buidien
View
213
Download
0
Embed Size (px)
Citation preview
Executive Summary
2017
Phone: 604.398.3210 | Toll Free: 1.844.401.2644 Email: [email protected] | www.coppernorthmining.com
Hidden Valley, Northwest Territories,
Canada
High grade silver mineralization of up to 220 oz/ton or 7,568 g/t Ag occurs within tet-
rahedrite veins, lenses or pods up to 0.6 m wide and exposed for at least 10 m in
strike at the Hidden Valley property. Mineralization is associated with two brittle faults
over a kilometre in strike length, showing potential for a substantial amount of high-
grade silver mineralization. Much of the property is covered in talus, with a high poten-
tial to discover additional mineralization under cover considering that the property has
not been explored in detail since 1962. The vein material could easily be mined on a
small scale, hand-cobbed or upgraded using an inexpensive DMS circuit to produce a
tetrahedrite concentrate containing up to ~ 7,500 g/t Ag and ~35% Cu with other cred-
its of zinc, antimony, bismuth, and indium.
Geology
Mac Showing
The mineralization is hosted by hydrothermal breccias in limestones and dolostones
and infills the porosity of the breccia bodies along with calcite, quartz and minor chal-
copyrite. Silver is contained within the structure of tetrahedrite-tennantite and assays
of the tetrahedrite run between ~700 to ~7,500 g/t Ag and up to 35% Copper. The
tetrahedrite occurs as lenses, blobs and short veins erratically distributed throughout
the rockmass. Dr. W.R.A. Baragar estimated the overall grade of the rockmass over
a ~20 m x 7 m area to be 2 to 2.5 % Cu with 340 to 600 g/t Ag. A series of 13 chan-
nel samples within the breccia returned an average assay of 2.23% Cu and 403 g/t
Ag. Dr. D.D. Campbell sampled the high grade veins: a grab sample assayed 7,915
g/t Ag and a bulk composite of 9 channel samples cut across a vein returned a silver
assay of 7,571 g/t Ag.
Hidden Valley Creek Showing
The Hidden Valley Creek showing is located approximately 800 metres from the Mac
showing and lies along similar fault structures that control silver-copper mineraliza-
tion. In 2012, Dr. J.E. Milton took a grab sample grading 1800 g/t Silver, 35% Cop-
per, 9.8% Antimony, 0.45% Bismuth, 8.8 g/t Indium and 0.65% Zinc from the Hidden
Valley Creek showing. The mineralization occurs in a brecciated limestone body as
tetrahedrite-calcite-dolomite-quartz-chalcopyrite cement to angular and rotated lime-
stone clasts. There are many other occurrences of tetrahedrite mineralization on the
Hidden Valley property that warrant further detailed exploration.
[left] distribution of tetrahedrite
lenses at an outcrop in Hidden
Valley Creek. A 20 metre chip
sample ran 400 g/t silver, 7.93%
copper here.
[right] Examples of mineraliza-
tion from the Hidden Valley
Creek showing. Tetrahedrite
(grey mineral with copper stain)
occurs as large pods, blobs and
lenses with calcite-dolomite-
quartz-chalcopyrite in hydrother-
mal limestone breccias
TSX.V:COL
CAUTIONARY NOTES: Statements contained herein that are not historical fact are forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertain-
ties which could cause actual results to differ materially from estimated results. The exploration targets are conceptual in nature and
no guarantee is made that further exploration will lead to the definition of mineral resources. Drilling and bulk sampling is required to
evaluate the extent and quality of mineral occurrences.
1120 - 1095 W. Pender St
Vancouver, BC V6E 2M6 Canada
2017
Hidden Valley Property
Mineralization Style
This style of mineralization is somewhat unique although it shares similarities
to some MVT/Irish-type Zn-Pb-Ag deposits and to some polymetallic vein
deposits. The mineralization is epigenetic, structurally controlled and occurs
as veins or vug-fills within breccias. The fluids that formed the tetrahedrite
mineralization were at least 250 °C and may have been channeled by deep
seated basement structures present in this area along the ‘Redstone Arch’: a
regional basement ramp. The host rocks are Neoproterozoic, yet mineraliza-
tion occurred at approximately 395 Ma.
Location
The Hidden Valley property is located in the Mackenzie Mountains, approxi-
mately 150 km west of the community of Wrigley, Northwest Territories. The
exploration season runs from approximately May to October.
Cu
Cu
MAC
HV Ck
Mac Showing