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Message: Rats!
...back in 2004 drilling was done following up on tracing the Hydrothermal alteration onto the Greens. (
April 23, 2004 - The Company reports on the progress of its Rice Lake Gold Belt properties, Manitoba.)..Samples from reconnaissance holes BST3, BST5, BST6, BST8, BST9 and BST10, drilled in the vicinity of the Luana and Vanson shafts contained considerable hydrothermal alteration. One will continue to trace the north-westerly strike extension of the Rice Lake Gold Mine alteration and mineralization onto the Strike Point property. Secondly, more exploration is justified in the Vanson shaft area where a wide range of volcanic rock types with brittle-ductile contrast, late felsic dikes, shearing, widespread hydrothermal alteration.The Luana area contains a wide shear zone with extensive silicification and anomalous gold values. This is an excellent looking structure to explore along strike, and there is some topographic indication of a cross structure between holes BST-6 and BST-10 to the east, so the zone could be offset or folded. As well, near the bottom of BST-6 suggest the possibility of a parallel zone to the southwest hidden under overburden in that area. A more extensive, deep-hole drill program will be undertaken in the Luana target area following spring break-up................
March 8, 2004 - The Company reports on the progress of its Rice Lake Gold Belt properties.
Strike Point Property
Drilling operations on a 640 metre, 10-hole reconnaissance drill program have been completed on Marum's Strike Point gold property, located adjacent to Harmony Gold's Bissett Mine in Manitoba. Core logging, sawing and sampling work is anticipated to be completed by March 15th. The objective of the short-hole drilling is to discover gold mineralization, intercept gold pathfinder alteration and to evaluate the stratigraphic and structural orientations of the host rocks in advance of a more comprehensive fully-targeted drill program. All holes were drilled at minus 45 to 60 degrees into structures projected from surface information. Summary results from four of the ten short drill holes are described in this exploration update. A detailed summary of all drill holes will be disclosed when the program is completed and all assay results have been received.
Hole BST1, a wildcat orientation hole, was drilled under a topographic lineament to investigate the stratigraphic position of a westward extension of the mineralized zone that occurs on Harmony's Bissett Mine property. The 100-metre deep hole intercepted a 43-metre zone of altered rock that is interpreted as being stratigraphically 150-metres above the target horizon. Using this accurate stratigraphic fix, the next drill program will provide for holes to intercept the projected westward extension of the Bissett mine property mineralization. No economic concentrations of gold were encountered in the hole.
Holes BST2 (71 metres total depth) and BST4 (72 metres total depth), were drilled near the Vanson shaft that was sunk to a depth of over 500 feet in the 1930's. Both holes encountered sheared volcanic rock, serpentine-chlorite-carbonate alteration and zones of quartz veining containing lightly disseminated sulphide minerals. No economic concentrations of gold were encountered. Two narrow intersections, approximately one-half metre in thickness, contained gold values of approximately 3 gms/tonne. Assay results from Hole BST3 and BST5, also drilled in the vicinity of the Vanson shaft have not yet been received.
Hole BST6 (48.3 metres total depth) was drilled near the Luana shaft that was sunk in the 1920's. The hole contains sheared altered volcanic rocks, sheared altered schists and relatively abundant quartz veining. All of the rocks contain lightly disseminated sulphide minerals. No economic concentrations of gold were encountered. Two narrow intersections near the bottom of the hole, each approximately 0.4 metres in thickness, contained gold values of 3.05 and 3.15 gms/t Au respectively. These end-of-hole results suggest the boundary of a mineralized zone in the footwall and their presence will be factored into the next drill program. Assay results from BST7 have not yet been received. Samples from holes BST8, BST9 and BST10, also drilled in the vicinity of the Luana shaft, are in various stages of preparation.
...................Traps7.
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