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Message: Rice Lake Pt 8 - Garner

Rice Lake Pt 8 - Garner

posted on Feb 11, 2009 08:20PM

Garner Property (from WEL website):

- Beresford shear zone, splay of Wanipigow fault
- Alteration zone similar to that hosting Red Lake gold mineralization
- Gold showings
- Mesoarchean-Neoarchean boundary
- Minimal diamond drilling

Chronological Summary of Garner:

Garner Lake: First claims acquired in 2002, now comprised of 12 claims (22.9 sq. km); no outstanding NSR (net smelter royalties, located in Rice Lake area.

2005 - Exploration in the Bissett area began March 2005 and comprised line-cutting (165.4 km) and geophysical surveying (149 km) followed by geological mapping on several grids within the Poundmaker, Jeep, Siderock and Garner properties. Subsequently a geochemical survey was completed over portions of most of the latter grids.

On the Garner Lake property gold values up to 153 g/t were found along the Beresford shear zone associated with ankerite-sericite-chlorite-quartz alteration.

2006 - No work was conducted on the Garner property during 2006.
Exploration plans in 2007 for the Garner property include prospecting and sampling of occurrences discovered in 2005.
Exploration conducted during the 2005 summer field program was directed primarily at the Beresford Lake Shear Zone (BLSZ). From this work numerous gold showings were discovered within the BLSZ including the Marlin occurrence where grab samples assayed up to 153.2 g/t gold from trench blast rock and 29.56 g/t gold from quartz veining in the trench. Additional sampling along the BLSZ, 150 meters north of the Marlin showing, a surface rock grab sample from a 10 cm quartz vein returned 3.1 g/t gold. An additional showing, the Swordfish occurrence, located, approximately 360 meters south of the Marlin occurrence, returned grab sample assays up to 18.2 g/t gold.
The three gold showings occur along a generally north trending 500 meter long structure within the Beresford Lake Shear Zone. Prospecting in 2007 is focused on further defining mineralization along this structure.
Another area of gold mineralization on the property, the Garner West showing, was prospected during the 2005 summer field program. This occurrence lies along the western boundary of the Garner Lake property and occurs in a previously identified northwest trending ankerite-chlorite alteration zone. The alteration zone extends laterally for over one kilometer and has a minimum 100 meter width (Anderson, 2002; Manitoba Geological Survey Branch). This alteration occurs along a mafic-felsic volcanic contact. Assay samples from this area yield significant arsenic and gold anomalies. Highly anomalous arsenic values ranging up to 0.9 % were found widely distributed within this alteration zone. Gold assays returned from trace to 3.8 g/t.

2007 - Prospecting work during the third quarter on the Garner property generated new gold showings and collected grab samples with gold concentrations that will be analysed.

Exploration in 2007 in the Garner property include prospecting and sampling of occurrences discovered in 2005 and 2006 along the Beresford Lake Shear Zone (“BLSZ”). From this work numerous gold showings were discovered within the BLSZ including the Marlin occurrence where grab samples assayed up to 153.2 g/t gold from trench blast rock and 29.56 g/t gold from quartz veining in the trench. In additional sampling along the BLSZ, 150 metres north of the Marlin showing, a surface rock grab sample from a 10 cm quartz vein returned 3.1 g/t gold. An additional showing, the Swordfish occurrence, located approximately 360 metres south of the Marlin occurrence, returned grab sample assays up to 18.2 g/t gold.
The three gold showings occur along a generally north trending 500 metre long structure within the Beresford Lake Shear Zone. Prospecting in 2007 further defined mineralization along this structure.

April 22, 2008 New Release: Wildcat also intends to geologically survey the Garner Lake area to study the significance and extent of gold occurrences and to investigate the possibility that certain ultramafic rocks of very unusual composition (komatiites) that occur in this area may host nickel copper sulphides such as the well known deposits mined at Kambalda (Australia) or at Raglan (Canada).

2008 - First Quarter MD&A - Three gold showings on the Garner property, located approximately 33 km southeast of Bissett, occur along a generally north trending structure, 500 metres in length, within the Beresford Lake Shear Zone. Prospecting in 2007 further defined mineralization along this structure. Minimal work was done on the Garner property in the first quarter of 2008 and costs incurred were not significant.

2nd Quarter MD&A - The Garner property is comprised of 12 claims covering 2,285 hectares located approximately 33 km southeast of Bissett between Provincial Road 304 and the Ontario border, in which the Company holds a 100% interest. The west half of the property contains a section of the Beresford Lake shear zone along which the Company has obtained gold concentrations of up to 150 g/t from chip samples.
Within the Garner Lake property, three gold occurrences, hosted within quartz-carbonate veins, were discovered by Wildcat: Marlin, Swordfish and an unnamed occurrence. All of these occur along a 500 metre long structure. The gold mineralization, hosted within quartz-carbonate veins, is open along strike to the north and south. Gold concentrations of up to 153 g/tonne were found along this structure.
Significant gold mineralization was also recently discovered in the southwestern corner of the property, the Garner West showing. The Garner West area comprises an area of anomalous gold and arsenic approximately 400 metres along strike and 200 metres wide. Gold concentrations of up to 3.77 g/tonne were obtained from this area.
Kambalda type nickel ore deposits are a class of nickel-copper ore deposit associated with ultramafic komatiitic volcanic rocks of Archean age. On the Garner Property, in the northern claims area, a thick sequence of ultramafic komatiite / komatiitic basalt overlying a silicate-sulphide iron formation may represent a geological setting favorable for Kambalda type nickel-copper mineralization.

During the 2nd quarter work commenced to follow up the previous results with mapping and sampling on the Garner property. The field program to investigate the potential of the Garner property to host precious and base metals will continue into the third quarter and the results of this work will determine the direction of future programs on the property.

3rd Quarter MD&A - Following a review of the records of previous exploration work, a geological field crew was deployed during July 2008. Their assignment was to prospect the mineral occurrences in this area, paying special attention to the multiple Au occurrences and the potential for Ni Cu and PGE prospects. In this campaign, two previously unknown mineral occurrences containing substantial Cu and anomalous Au concentrations were identified. These prospecting activities were complemented by a further field visit in September with Wildcat’s senior geologist in attendance.
In the second field program, work concentrated on the geological evaluation and sampling of an island underlain by mafic and ultramafic rocks, in places characterized by multiple sulphide filled fractures with the potential to contain economic Ni Cu and PGE concentrations.
The potential that economically significant gold mineralization may occur not only in quartz veins but also in the veins’ host rocks was evaluated at the Marlin gold occurrence by cutting two channel samples across quartz vein–bearing outcrops. Assay results of both prospects have not yet been received.

Wildcat will continue to evaluate the mineral potential of this property by prospecting and sampling. The Garner Lake area is not only prospective for Au demonstrated by the multiple historically known Au occurrences but it is also underlain by ultramafic extrusive rocks known as komatiites with well established potential to host small but extremely high grade Ni Cu PGE deposits.

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