Re:Fold axis
in response to
by
posted on
Nov 23, 2009 09:18AM
The company is now known as FUSE Cobalt.
SGR's information seams to mitigate the presence of WEL..... The axis is acknowledged to be Horseshoe lake, and convienintly runs as far East as san Gold 1.... But it think mitigated again as the eastern axis is likely further east in the siderock Garner area.
From the old Goldmau report:
Rocks in the Rice Lake Gold Belt are similar in age to those at Red Lake. Gold mineralization is present in both older rocks in the northern part of the Belt and younger rocks in the southern part of the belt. The San Antonio mine, which has contributed over 80% of the gold production from the belt to date, is hosted in the younger southern package of rocks. Limited production has been obtained from deposits in the northern part of the Belt. Nonetheless, the older rocks of the northern portion of the belt are considered highly prospective as they are regarded as equivalent to the Balmer series of rocks that host the world class gold mineralization at Red Lake. Sections of the Rice Lake Belt are also cut by the Wanipigow Fault. This is a regional shear fault that cuts through the Rice Lake Belt and extends eastwards to the Red Lake and Pickle Lake gold camps. Crustal breaks such as the Wanipigow Fault are often associated with the major gold camps throughout the Canadian Shield such as the Timmins gold camp. Since 1910, the Timmins area has produced nearly 70 million ounces of gold, making it one of the two of most productive gold camps in North America.