 |
|
|
|
|
|
|
 |
Properties | Merit & Brookmere - Spences Bridge(BC) - GOLD |
|
|
|
|
|
|
| Merit & Brookmere |
 |
General presentation of property
- Epithermal gold-silver mineralization within the Spences Bridge Gold Belt was first identified by Almaden (TSX: AMM);
- This is one of the first areas where gold was discovered during the Gold Rush of the mid-19th to early 20th centuries in British Columbia;
- Average gold analyses of 965 ppb (0.97 g/t) from all 115 reconnaissance rock samples, with values up to 7.9 g/t gold, and three contiguous channel samples which average 7.2 g/t gold across a 1.8 meter true width section of outcropping quartz veining.
| 
Click here to enlarge |
The Merit project was identified and staked by Almaden (TSX: AMM). During the field seasons of 2004 and 2005 an initial property evaluation of the Merit Property was carried out by Almaden. The program included prospecting and reconnaissance rock sampling, grid soil geochemistry (1,182 samples taken), geological mapping and hand trenching on two of the three mineral zones identified to date. Highlights of this work include average gold analyses of 965 ppb (0.97 g/t) from all 115 reconnaissance rock samples, with values up to 7.9 g/t gold, and three contiguous channel samples which average 7.2 g/t gold across a 1.8 meter true width section of outcropping quartz veining and altered host rock exposed by trenching in the main (Sullivan Ridge) zone.
The 17,114 hectare Brookmere project was also identified and staked by Almaden. This project covers an area of multielement stream sediment anomalies. A geochemical silt sampling survey is currently in progress.
Williams Creek is pleased to be working with Almaden and looks forward to developing both the Merit and Brookmere properties with a planned 2007 summer field program within this exciting emerging gold district. Epithermal gold-silver mineralisation within the Spences Bridge Gold Belt was first identified by Almaden as a result of a regional exploration program for gold in an area west of Merritt, British Columbia in 2001. This is one of the first areas where gold was discovered during the Gold Rush of the mid-19th to early 20th centuries. During this time placer gold was mined in this area from the Fraser and Thompson Rivers and on many tributary streams in the Ashcroft-Lytton-Lillooet district. Early into Almaden's 2001 program, several areas of elevated gold in stream sediments were identified. Follow-up prospecting resulted in the identification and staking by Almaden of several areas, including the Merit property, of clay-carbonate alteration and quartz veining, representative of low-sulphidation epithermal gold-silver vein systems. The results described in this news release are from samples collected under the supervision of Mr. Edward Balon, P.Geo. (B.C.), an employee of Almaden. Analyses reported were carried out by Acme Analytical Laboratories Ltd. of Vancouver.
Mineral Resource Study summary
2002-2003 : prospecting and follow-up geochemical sampling
2004 : identification of gold-bearing quartz float, claim staking
2005 : grid soil sampling, prospecting, geological mapping, trenching
2006 : reconnaissance silt sampling, prospecting
There is no mineral resource, but there are indications of mineralization. The study to date is covered by the paragraph above which summarizes the work done on the claims to date.
Specific Advantage of property
There is a good potential of these claims to host epithermal gold mineralization.
Next development phase
- Merit: detailed soil sampling on expanded grid, trenching with subsequent targeting of drill locations.
- Brookmere: assessment of 2006 geochemical silt sampling program.
List of reports
Balon and Hylands, 2006; 2005 Geochemical, geological, prospecting and trenching report Merit Property.
|
|
|
|
|
